Banco Santander, S.A. Upgraded by Zacks to Neutral (SAN)

Banco Santander, S.A. (NYSE: SAN) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a research report issued to clients and investors on Monday. The firm currently has a $8.00 price target on the stock.

SAN has been the subject of a number of other recent research reports. Analysts at TheStreet upgraded shares of Banco Santander, S.A. from a “hold” rating to a “buy” rating in a research note to investors on Tuesday, March 5th. Analysts at Credit Agricole initiated coverage on shares of Banco Santander, S.A. in a research note to investors on Thursday, January 3rd. They set an “underperform” rating on the stock.

Banco Santander, S.A. traded down 1.03% on Monday, hitting $7.70. Banco Santander, S.A. has a 1-year low of $4.88 and a 1-year high of $8.86. The stock’s 50-day moving average is currently $7.98. The company has a market cap of $79.097 billion and a price-to-earnings ratio of 27.39.

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.

To view Zacks’ full report, visit www.zacks.com

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