Banco Santander Rating Lowered to Buy at WestLB (STD)

By admin | 6 years ago

Banco Santander (NYSE: STD) was downgraded by research analysts at WestLB to a “buy” rating in a report released on Monday.

Banco Santander traded down 3.31% on Monday, hitting $5.8207. Banco Santander has a 52-week low of $5.92 and a 52-week high of $11.92. The company has a market cap of $54.920 billion and a price-to-earnings ratio of 8.96.

STD has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase (NYSE: JPM) upgraded shares of Banco Santander from a “neutral” rating to an “overweight” rating in a research note to investors on Monday, April 23rd. Separately, analysts at Goldman Sachs (NYSE: GS) upgraded shares of Banco Santander from a “neutral” rating to a “buy” rating in a research note to investors on Monday, April 23rd. Finally, analysts at ING Group upgraded shares of Banco Santander from a “hold” rating to a “buy” rating in a research note to investors on Monday, March 12nd.

Banco Santander, S.A. (Santander)is a financial group operating principally in Spain, the United Kingdom, Portugal, other European countries, Brazil and other Latin American countries and the United States, offering a range of financial products.

About the author