Credit Suisse analyst Adrian Cighi downgraded Banco Santander SA (SAN – Research Report) to Hold today. The company’s shares closed last Wednesday at $3.10, close to its 52-week low of $2.90.
According to TipRanks.com, Cighi has 0 stars on 0-5 stars ranking scale with an average return of -6.2% and a 38.5% success rate. Cighi covers the Financial sector, focusing on stocks such as Nordea Bank Abp, Nordea Bank Abp, and UniCredit SpA.
Currently, the analyst consensus on Banco Santander SA is a Moderate Buy with an average price target of $4.21.
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Banco Santander SA’s market cap is currently $54.21B and has a P/E ratio of 8.90. The company has a Price to Book ratio of 0.69.
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Based in Spain, Banco Santander SA provides various retail and commercial banking products and services to individuals, small and medium-sized enterprises, and large companies in 10 main markets.
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