Banco Santander (SAN) Stock Forecast & Price Target

$4.95

+0.06 (+1.23%)

(As of 10/4/2024 ET)

Banco Santander - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Strong Buy

Based on 2 Analyst Ratings

Sell
0

Hold
0

Buy
2

Based on 2 Wall Street analysts who have issued ratings for Banco Santander in the last 12 months, the stock has a consensus rating of "Strong Buy." Out of the 2 analysts, 1 has given a buy rating, and 1 has given a strong buy rating for SAN.

Consensus Price Target

N/A

Get the Latest News and Ratings for SAN and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Banco Santander and its competitors.

SAN Analyst Ratings Over Time

Type	Current Forecast 10/6/23 to 10/5/24	1 Month Ago 9/6/23 to 9/5/24	3 Months Ago 7/8/23 to 7/7/24	1 Year Ago 10/6/22 to 10/6/23
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	1 Buy rating(s)	1 Buy rating(s)	1 Buy rating(s)	1 Buy rating(s)
Hold	0 Hold rating(s)	0 Hold rating(s)	0 Hold rating(s)	2 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	N/A	N/A	N/A	N/A
Forecasted Upside	N/A	N/A	N/A	N/A
Consensus Rating	Strong Buy	Strong Buy	Buy	Hold

Next opportunity for crypto millions (Ad)

As October unfolds and the effects of the Fed Pivot ripple through the market, this crypto could skyrocket. Want to know more?

Click here to discover the altcoin set to dominate October's bull run.

SAN Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

SAN Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Banco Santander Stock vs. The Competition

Type	Banco Santander	Finance Companies	S&P 500
Consensus Rating Score	3.50	2.47	2.50
Consensus Rating	Strong Buy	Hold	Moderate Buy
Predicted Upside	N/A	14.88% Upside	7.03% Upside
News Sentiment Rating	Positive News See Recent SAN News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target
9/4/2024	UBS Group 4 of 5 stars	T. Batista Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Strong-Buy
3/25/2024	Barclays 3 of 5 stars		Upgrade	Equal Weight ➝ Overweight
5/1/2023	HSBC 2 of 5 stars		Downgrade	Buy ➝ Hold
3/22/2023	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Outperform
12/7/2022	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		€3.50 ➝ €3.60
10/10/2022	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		€4.00 ➝ €4.10

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 09:21 PM ET.

Should I Buy Banco Santander Stock? SAN Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, September 29, 2024. Please send any questions or comments about these Banco Santander pros and cons to contact@marketbeat.com.

Banco Santander
Bull Case

Here are some ways that investors could benefit from investing in Banco Santander, S.A.:

Banco Santander, S.A. has a low P/E ratio of 6.67, indicating the stock may be undervalued compared to its earnings.
The company's dividend payout ratio (DPR) is 19.44%, offering investors a steady income stream through dividends.
Recent increase in institutional investments in Banco Santander, S.A. by notable firms like Ritholtz Wealth Management, indicating confidence in the company's future performance.
The stock is currently trading at $4.80, potentially presenting a buying opportunity for investors looking to enter at a lower price point.
Banco Santander, S.A. has a diverse range of financial services worldwide, providing stability and growth opportunities across different segments.

Banco Santander
Bear Case

Investors should be bearish about investing in Banco Santander, S.A. for these reasons:

The stock has experienced a 3.6% decrease, indicating short-term volatility and potential uncertainty in the market sentiment towards the company.
Banco Santander, S.A. has a beta of 1.14, suggesting the stock's price is more volatile compared to the overall market, which may not suit risk-averse investors.
Analysts recently downgraded Banco Santander, S.A. from a "strong-buy" to a "buy" rating, signaling a potential shift in market sentiment towards the stock.
The company's stock price is currently below its 50-day moving average of $4.81, indicating a possible short-term bearish trend in the stock.
While Banco Santander, S.A. has a low PEG ratio of 0.40, indicating potential growth opportunities, investors should consider the overall market conditions and economic outlook before making investment decisions.

SAN Forecast - Frequently Asked Questions

: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Banco Santander in the last year. There is currently 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "strong buy" SAN shares.
: According to analysts, Banco Santander's stock has a predicted downside of -100.00% based on their 12-month stock forecasts.
: Over the previous 90 days, Banco Santander's stock had 1 upgrade by analysts.
: Banco Santander has been rated by research analysts at UBS Group in the past 90 days.
: Analysts like Banco Santander more than other "finance" companies. The consensus rating for Banco Santander is Strong Buy while the average consensus rating for "finance" companies is Hold. Learn more on how SAN compares to other companies.

Stock Forecasts and Research Tools

Related Companies:

Today's Ratings:

Top Rated Stocks:

More Ratings Tools:

AI expert reveals new Nvidia prediction (Ad)

Everyone’s talking about AI right now, but I’ve been talking about it for years. And now I’ve just released my latest prediction and believe it or not, I’m advising NOT pour all your money into Nvidia right now

Click here to see why

This page (NYSE:SAN) was last updated on 10/5/2024 by MarketBeat.com Staff

From Our Partners