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Deutsche Bank Sticks to Its Buy Rating for Banco Santander (BNC)

Tipranks - Fri Feb 27, 6:44AM CST

Deutsche Bank analyst Alfredo Alonso Estudillo maintained a Buy rating on Banco Santander today and set a price target of €11.50.

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According to TipRanks, Alonso Estudillo is a top 100 analyst with an average return of 42.1% and an 88.81% success rate. Alonso Estudillo covers the Financial sector, focusing on stocks such as Banco Santander, Banco Bilbao Vizcaya Argentaria, and National Bank of Greece SA.

In addition to Deutsche Bank , Banco Santander also received a Buy from Barclays’s Cecilia Romero in a report issued yesterday. However, on the same day, Bank of America Securities maintained a Hold rating on Banco Santander (LSE: BNC).

BNC market cap is currently €156.3B and has a P/E ratio of 11.71.

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.

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