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Banco Santander Analyst Ratings

Benzinga ·  Jul 27, 2023 08:13
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
07/27/2023 -11% Barclays $5 → $5.5 Maintains Underweight
11/15/2022 -19.09% Barclays $6 → $5 Downgrades Equal-Weight → Underweight
11/01/2022 B of A Securities Downgrades Neutral → Underperform
10/28/2022 -19.09% Goldman Sachs $6.7 → $5 Downgrades Neutral → Sell
07/27/2022 -2.91% Barclays $7 → $6 Maintains Equal-Weight
01/14/2022 Goldman Sachs Upgrades Sell → Neutral
03/27/2020 21.36% JP Morgan $11 → $7.5 Maintains Neutral
11/21/2019 UBS Upgrades Sell → Neutral
08/27/2019 Citigroup Upgrades Neutral → Buy
08/07/2019 Morgan Stanley Upgrades Equal-Weight → Overweight
06/10/2019 Goldman Sachs Initiates Coverage On → Neutral

What is the target price for Banco Santander (BSBR)?

The latest price target for Banco Santander (NYSE: BSBR) was reported by Barclays on July 27, 2023. The analyst firm set a price target for $5.50 expecting BSBR to fall to within 12 months (a possible -11.00% downside). 4 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for Banco Santander (BSBR)?

The latest analyst rating for Banco Santander (NYSE: BSBR) was provided by Barclays, and Banco Santander maintained their underweight rating.

When is the next analyst rating going to be posted or updated for Banco Santander (BSBR)?

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Banco Santander, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Banco Santander was filed on July 27, 2023 so you should expect the next rating to be made available sometime around July 27, 2024.

Is the Analyst Rating Banco Santander (BSBR) correct?

While ratings are subjective and will change, the latest Banco Santander (BSBR) rating was a maintained with a price target of $5.00 to $5.50. The current price Banco Santander (BSBR) is trading at is $6.18, which is out of the analyst's predicted range.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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