Banco Santander-Chile (NYSE: BSAC). Extremely significant positive changes in investment behavior have recently occurred: the stock’s recent price rise disrupted its longer term downtrend, its longer term price trend turned up, and its shorter term price trend turned up.
Limited positive changes in Banco Santander-Chile (NYSE: BSAC) fundamentals have recently occurred. Positive developments: significant quarterly earnings acceleration occurred, and the consensus estimate for December, 2024 increased significantly. Negative development: significant quarterly sales deceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, BSAC is expected to continue to be an important Value Builder.
Banco Santander-Chile has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Banco Santander-Chile has a neutral Power Rating of 52 but a good Appreciation Score of 74, and the Positive Value Trend Rating results.
Recent Price Action
On 5/20/24, Banco Santander-Chile (NYSE: BSAC) stock rose slightly by 0.05%, closing at $19.99. However, this advance was accompanied by exceptionally low trading volume at 42% of normal. The stock has performed in line with the market over the last nine months and has risen 5.3% during the last week.
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