Somewhat Positive Media Coverage Somewhat Unlikely to Affect Banco Santander Brasil (BSBR) Share Price
Media stories about Banco Santander Brasil (NYSE:BSBR) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Banco Santander Brasil earned a news sentiment score of 0.11 on Accern’s scale. Accern also gave news stories about the bank an impact score of 45.059473002565 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Shares of Banco Santander Brasil (BSBR) traded down $0.05 during midday trading on Thursday, hitting $9.55. 796,000 shares of the stock traded hands, compared to its average volume of 2,162,198. Banco Santander Brasil has a 1-year low of $6.86 and a 1-year high of $11.75. The firm has a market capitalization of $36,090.00, a price-to-earnings ratio of 14.92, a price-to-earnings-growth ratio of 0.82 and a beta of 1.48. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.09.
Several research analysts recently issued reports on the stock. BidaskClub cut shares of Banco Santander Brasil from a “buy” rating to a “hold” rating in a report on Thursday, September 28th. Zacks Investment Research cut shares of Banco Santander Brasil from a “buy” rating to a “hold” rating in a report on Tuesday, November 7th. ValuEngine cut shares of Banco Santander Brasil from a “buy” rating to a “hold” rating in a report on Tuesday, November 21st. Finally, JPMorgan Chase & Co. raised shares of Banco Santander Brasil from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $8.00 to $10.00 in a report on Wednesday, November 1st. Eight research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Banco Santander Brasil has an average rating of “Hold” and a consensus price target of $14.25.
Banco Santander Brasil Company Profile
Banco Santander (Brasil) SA (the Bank) is indirectly controlled by Banco Santander, SA, and is an institution of the Financial and Prudential Group. The Bank operates through two segments, Commercial Banking and Global Wholesale Banking. The Company conducts its operations by means of portfolios such as commercial, investment, lending and financing, mortgage lending, leasing, credit card operations and foreign exchange.
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