Royal Bank of Canada set a €2.60 ($2.92) target price on Banco Santander (BME:SAN) in a report published on Wednesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

Other equities research analysts have also issued research reports about the company. JPMorgan Chase & Co. set a €2.80 ($3.15) target price on Banco Santander and gave the company a neutral rating in a research report on Wednesday, May 27th. HSBC set a €2.30 ($2.58) target price on Banco Santander and gave the company a neutral rating in a research report on Wednesday, May 13th. Morgan Stanley set a €3.40 ($3.82) target price on Banco Santander and gave the company a buy rating in a research report on Friday, July 24th. Goldman Sachs Group set a €3.56 ($4.00) target price on Banco Santander and gave the company a buy rating in a research report on Monday, July 6th. Finally, Deutsche Bank set a €2.72 ($3.06) target price on Banco Santander and gave the company a neutral rating in a research report on Tuesday, July 21st. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company. The company presently has an average rating of Hold and an average price target of €2.64 ($2.97).

Banco Santander has a 52-week low of €5.27 ($5.92) and a 52-week high of €6.25 ($7.02).

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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Analyst Recommendations for Banco Santander (BME:SAN)

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