Meaningful positive changes in Banco Santander SA (NYSE: SAN) fundamentals have recently occurred: significant quarterly sales acceleration occurred, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.
Banco Santander SA (NYSE: SAN). Important positive changes in investment behavior have recently occurred: positive upside/downside volume developed.
In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
SAN’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Banco Santander has a current Value Trend Rating of A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Banco Santander has a very high Power Rating of 86 and a very high Appreciation Score of 98, triggering the Highest Value Trend Rating.
Recent Price Action
Banco Santander SA (NYSE: SAN) stock closed at $5.05 on 5/9/24 after being unchanged was unchanged. However, below average trading volume at 79% of normal accompanied the flat performance. Relative to the market the stock has been strong over the last nine months and has risen 5.2% during the last week.
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