What Does Wall Street Think About Banco Santander (SAN)?

Banco Santander, S.A. (NYSE:SAN) is 1 of the best affordable stocks nether $30. Banco Santander, S.A. (NYSE:SAN) received respective standing updates from apical firms successful January. On January 10, Bank of America Securities reaffirmed a Hold standing connected Banco Santander, S.A. (NYSE:SAN) and acceptable a terms people of €11.00. The banal besides received a standing update from Barclays connected January 9, with the steadfast reiterating a Buy standing and a €11.30 terms target. RBC Capital besides maintained a Hold standing connected the banal connected January 8 and acceptable a terms people of €8.50.

In addition, Banco Santander, S.A. (NYSE:SAN) was downgraded to Hold from Buy by DZ Bank connected December 19 with a EUR 10 terms target.

In a abstracted development, Santander Corporate & Investment Banking (Santander CIB) announced connected December 9 that its U.S. broker-dealer, Santander US Capital Markets LLC, entered into a strategical equity probe confederation with MoffettNathanson LLC, focused connected the Technology, Media, and Telecom industry. The inaugural marks Santander CIB’s 4th U.S. equity probe alliance, coming aft earlier agreements with Vertical Research Partners LLC (industrials and materials), Telsey Advisory Group LLC (retail, consumer, and e-commerce), and Nephron Research LLC (healthcare).

Banco Santander (NYSE:SAN) is simply a Spain-based institution that operates arsenic a retail and commercialized bank. Its segments are scattered crossed Continental Europe, the United Kingdom, Latin America, and the United States.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.