Extremely important negative changes in investment behavior have recently occurred for Banco Santander-Chile (NYSE: BSAC): the stock’s recent price decline challenged its longer term uptrend, and the stock fell on very heavy volume.
Banco Santander-Chile (NYSE: BSAC). Meaningful negative changes in fundamentals have recently occurred. Negative developments: the stock’s power rating fell below 50, the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly. Positive development: significant quarterly earnings acceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
BSAC is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Banco Santander-Chile has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Banco Santander-Chile has a good Appreciation Score of 74 but a neutral Power Rating of 45, with the High Neutral Value Trend Rating the result.
Recent Price Action
On 4/16/24, Banco Santander-Chile (NYSE: BSAC) stock declined modestly by -1.7%, closing at $18.48. Moreover, exceptionally high trading volume at 253% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -8.7% during the last week.
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