Ahorro Corporacion Financiera SA Reiterates Sell Rating for Banco Santander SA (SAN)

Banco Santander SA (MCE: SAN)‘s stock had its “sell” rating restated by Ahorro Corporacion Financiera SA in a research note issued on Wednesday, Stock Ratings Network reports. They currently have a €5.06 ($6.57) price target on the stock.

A number of other analysts have also recently weighed in on SAN. Analysts at Bankhaus Lampe downgraded shares of Banco Santander SA to a “hold” rating in a research note to investors on Wednesday, June 5th. They now have a €6.00 ($7.79) price target on the stock. Separately, analysts at Bankia Bolsa reiterated an “accumulate” rating on shares of Banco Santander SA in a research note to investors on Tuesday, June 4th. They now have a €6.35 ($8.25) price target on the stock. Finally, analysts at Keefe, Bruyette & Woods reiterated a “market perform” rating on shares of Banco Santander SA in a research note to investors on Monday, June 3rd. They now have a €6.60 ($8.57) price target on the stock.

Four investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of €5.91 ($7.67).

Banco Santander SA (MCE: SAN) is a Spain-based financial institution primarily engaged in the retail banking.

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