Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Banco Santander-Chile (NYSE: BSAC) improved recently. BSAC’s current Value Trend Rating is B and the prior Rating was C. Details supporting this higher rating are included in our next report.
Recent Price Action
On 5/31/24, Banco Santander-Chile (NYSE: BSAC) stock declined slightly by -0.4%, closing at $18.88. This decline was accompanied by normal trading volume. The stock has performed in line with the market over the last nine months and has declined -4.2% 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 B (Positive). This VT Rating improved in recent days from C previously. This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Banco Santander-Chile has a neutral Power Rating of 52 but a good Appreciation Score of 76, triggering the Positive Value Trend Rating.
Be the first to comment