Banco Santander (SAN) Given a €5.20 Price Target at JPMorgan Chase & Co.

JPMorgan Chase & Co. set a €5.20 ($6.05) target price on Banco Santander (BME:SAN) in a report published on Friday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

A number of other research firms have also weighed in on SAN. Jefferies Financial Group reissued a sell rating on shares of Banco Santander in a research report on Thursday, March 21st. Royal Bank of Canada set a €5.70 ($6.63) price objective on shares of Banco Santander and gave the stock a buy rating in a research report on Wednesday, April 3rd. Credit Suisse Group set a €5.00 ($5.81) price objective on shares of Banco Santander and gave the stock a buy rating in a research report on Thursday, April 4th. UBS Group set a €5.30 ($6.16) price objective on shares of Banco Santander and gave the stock a buy rating in a research report on Thursday, April 4th. Finally, Deutsche Bank set a €5.30 ($6.16) price objective on shares of Banco Santander and gave the stock a buy rating in a research report on Friday, April 12th. Three analysts have rated the stock with a sell rating, one has assigned a hold rating and ten have issued a buy rating to the company’s stock. The company presently has a consensus rating of Buy and an average target price of €5.04 ($5.86).

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; mortgages, consumer finance, auto finance, and personal loans; export and agency finance, trade and working capital solutions, syndicated corporate loans, and structured financing; debt capital markets and global markets services; and debit and credit cards.

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