Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Banco Santander-Chile (NYSE: BSAC) weakened of late. BSAC’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
On 5/24/24, Banco Santander-Chile (NYSE: BSAC) stock declined slightly by -0.2%, closing at $19.91. However, unusually low trading volume at 66% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and is unchanged during the last week.
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 C (High Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Banco Santander-Chile has a neutral Power Rating of 52 and a slightly positive Appreciation Score of 70, producing the High Neutral Value Trend Rating.
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