Jefferies Keeps Their Buy Rating on Banco Santander (BNC)
In a report released today, Miruna Chirea from Jefferies maintained a Buy rating on Banco Santander, with a price target of €11.80.
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According to TipRanks, Chirea is a 2-star analyst with an average return of 2.6% and a 100.00% success rate.
In a report released today, Barclays also maintained a Buy rating on the stock with a €11.30 price target.
Based on Banco Santander’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of €14.18 billion and a net profit of €3.5 billion. In comparison, last year the company earned a revenue of €12.17 billion and had a net profit of €3.25 billion
Based on the recent corporate insider activity of 55 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.
Read More on GB:BNC:
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- Santander targets €20bn profit and doubled cash dividend by 2028
- Santander Sets 2026 AGM to Approve 2025 Dividend, Major Capital Moves and Webster Share Swap
- Banco Santander price target raised to EUR 12.50 from EUR 11.90 at Citi
- Santander discloses deferred share award to senior executive
- Banco Santander price target raised to EUR 11.50 from EUR 9.80 at Deutsche Bank
