This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Barclays Remains a Buy on Banco Santander (BNC)

Tipranks - Wed Jun 10, 1:16AM CDT

Barclays analyst Cecilia Romero maintained a Buy rating on Banco Santander today and set a price target of €12.90.

Introducing TipRanks MCP for Agents

According to TipRanks, Romero is a 5-star analyst with an average return of 23.7% and an 80.95% success rate. Romero covers the Financial sector, focusing on stocks such as Banco Bilbao Vizcaya Argentaria, Banco Santander, and Unicaja Banco SA.

Banco Santander has an analyst consensus of Strong Buy, with a price target consensus of p1,094.38.

Based on Banco Santander’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €29.05 billion and a net profit of €3.76 billion. In comparison, last year the company earned a revenue of €14.15 billion and had a net profit of €3.27 billion

Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BNC in relation to earlier this year.

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.