Banco Santander’s (SAN) Buy Rating Reaffirmed at JPMorgan Chase & Co.

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JPMorgan Chase & Co. reissued their buy rating on shares of Banco Santander (BME:SAN) in a research note issued to investors on Tuesday morning.

SAN has been the topic of several other research reports. Goldman Sachs Group set a €6.83 ($7.94) target price on Banco Santander and gave the company a buy rating in a research report on Thursday, June 7th. Royal Bank of Canada set a €5.50 ($6.40) target price on Banco Santander and gave the company a neutral rating in a research report on Friday, July 13th. UBS Group set a €6.45 ($7.50) price objective on Banco Santander and gave the stock a buy rating in a research report on Monday, June 11th. Deutsche Bank set a €6.70 ($7.79) price objective on Banco Santander and gave the stock a buy rating in a research report on Thursday, June 14th. Finally, Credit Suisse Group set a €6.50 ($7.56) price objective on Banco Santander and gave the stock a buy rating in a research report on Wednesday, May 30th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and eleven have given a buy rating to the stock. Banco Santander currently has an average rating of Buy and an average price target of €6.03 ($7.01).

BME SAN opened at €5.44 ($6.33) on Tuesday. Banco Santander has a 1-year low of €5.27 ($6.13) and a 1-year high of €6.25 ($7.27).

About Banco Santander

Banco Santander, SA, together with its subsidiaries, provides various retail and commercial banking products and services for individual and corporate clients worldwide. It offers demand and time deposits, and current and savings accounts; certificates of deposit; mortgages, auto finance, and personal loans; working capital finance; and debit and credit cards, as well as life and non-life insurance products.

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Analyst Recommendations for Banco Santander (BME:SAN)

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