Banco Santander-Chile (NASDAQ:BSAC) has been given a consensus broker rating score of 3.25 (Hold) from the four brokers that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a sell rating and three have issued a hold rating on the company. Banco Santander-Chile’s rating score has declined by 30% in the last three months as a result of various analysts’ ratings changes.
Brokers have set a 12 month consensus target price of $21.19 for the company and are anticipating that the company will post $0.40 earnings per share for the current quarter, according to Zacks. Zacks has also given Banco Santander-Chile an industry rank of 66 out of 265 based on the ratings given to its competitors.
A number of research analysts have issued reports on the stock. Bank of America Corp. reaffirmed an “underperform” rating and issued a $20.00 target price on shares of Banco Santander-Chile in a report on Wednesday, September 7th. Zacks Investment Research cut shares of Banco Santander-Chile from a “hold” rating to a “sell” rating in a research note on Tuesday, October 4th.
A hedge fund recently raised its stake in Banco Santander-Chile stock. Harding Loevner LP raised its position in Banco Santander-Chile (NASDAQ:BSAC) by 5.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 5,715,618 shares of the company’s stock after buying an additional 279,031 shares during the period. Harding Loevner LP owned 1.21% of Banco Santander-Chile worth $118,256,000 at the end of the most recent quarter.
Banco Santander-Chile (NASDAQ:BSAC) opened at 21.03 on Friday. The company has a 50-day moving average price of $20.84 and a 200-day moving average price of $19.96. Banco Santander-Chile has a 12-month low of $15.69 and a 12-month high of $22.62. The firm has a market capitalization of $9.91 billion and a PE ratio of 13.14.
Banco Santander-Chile (NASDAQ:BSAC) last announced its quarterly earnings data on Thursday, July 28th. The company reported $0.40 EPS for the quarter, missing the Zacks’ consensus estimate of $0.41 by $0.01. During the same quarter in the previous year, the business posted $0.47 EPS. On average, analysts predict that Banco Santander-Chile will post $1.58 earnings per share for the current year.
About Banco Santander-Chile
Banco Santander-Chile is a Chilean bank. The Company provides commercial and retail banking services to its customers. Its commercial and retail banking services include Chilean peso and foreign currency denominated loans to finance a range of commercial transactions, trade, foreign currency forward contracts and credit lines and a line of retail banking services, including mortgage financing.
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