| Over a week ago | ||||
Morgan Stanley analyst… Morgan Stanley analyst Alvaro Serrano downgraded Banco Santander to Equal Weight from Overweight with a price target of EUR 3.80, down from EUR 4. Santander is "one of the cheapest stocks in Europe," but it has no near-term catalyst and consensus estimates are not reflecting risks in consumer and rising political uncertainty in Brazil, Serrano tells investors in a research note. As such, the analyst fears the stock "has become a value trap." | ||||
| Over a month ago | ||||
JPMorgan analyst Sofie… JPMorgan analyst Sofie Peterzens raised the firm's price target on Banco Santander to EUR 3.60 from EUR 3.50 and keeps a Neutral rating on the shares. | ||||
Credit Suisse analyst… Credit Suisse analyst Adrian Cighi raised the firm's price target on Banco Santander to EUR 3.60 from EUR 3.50 and keeps an Outperform rating on the shares. | ||||
Deutsche Bank analyst… Deutsche Bank analyst Alfredo Alonso raised the firm's price target on Banco Santander to EUR 3.90 from EUR 3.85 and keeps a Buy rating on the shares. | ||||
UBS analyst Ignacio… UBS analyst Ignacio Cerezo raised the firm's price target on Banco Santander to EUR 4.35 from EUR 4.20 and keeps a Buy rating on the shares. | ||||
Barclays analyst Fernando… Barclays analyst Fernando Gil De Santivanes raised the firm's price target on Banco Santander to EUR 4.30 from EUR 4 and keeps an Overweight rating on the shares. | |
UBS analyst Ignacio… UBS analyst Ignacio Cerezo raised the firm's price target on Banco Santander to EUR 4.20 from EUR 4.15 and keeps a Buy rating on the shares. | |
JPMorgan analyst Sofie… JPMorgan analyst Sofie Peterzens raised the firm's price target on Banco Santander to EUR 3.50 from EUR 3.40 and keeps a Neutral rating on the shares. | |
The Department of Justice… The Department of Justice announced that Santander Consumer USA Chrysler Capital or Santander, has agreed to pay more than $134,000 to settle a federal lawsuit alleging that the company denied early motor vehicle lease terminations to servicemembers who qualified for them under the Servicemembers Civil Relief Act, SCRA. The department previously settled an SCRA lawsuit against Santander in 2015 for repossessing the vehicles of 1,112 servicemembers without a court order. "The civil rights of servicemembers who sacrifice so much for our country must be respected," said Assistant Attorney General Kristen Clarke of the Justice Department's Civil Rights Division. "We are committed to ensuring that those serving in our nation's military receive the full range of benefits and protections that they are entitled to under the Servicemembers Civil Relief Act." Reference Link | |
UBS analyst Ignacio… UBS analyst Ignacio Cerezo raised the firm's price target on Banco Santander to EUR 4.15 from EUR 4 and keeps a Buy rating on the shares. |
