Shares of Banco Santander-Chile (NYSE:BSAC) have been assigned a consensus rating of “Hold” from the six brokerages that are presently covering the stock. Two equities research analysts have rated the stock with a sell rating and four have given a hold rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $21.17.

Separately, Bank of America Corp. downgraded shares of Banco Santander-Chile from a “buy” rating to an “underperform” rating in a research note on Wednesday, September 7th.

Shares of Banco Santander-Chile (NYSE:BSAC) traded up 0.63% on Thursday, reaching $22.52. 299,215 shares of the company were exchanged. The company has a market cap of $10.61 billion, a price-to-earnings ratio of 14.07 and a beta of 0.94. Banco Santander-Chile has a 12 month low of $15.69 and a 12 month high of $23.14. The company’s 50-day moving average price is $21.59 and its 200 day moving average price is $20.36.

A hedge fund recently raised its stake in Banco Santander-Chile stock. Goldman Sachs Group Inc. increased its stake in Banco Santander-Chile (NYSE:BSAC) by 20.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 168,499 shares of the company’s stock after buying an additional 28,280 shares during the period. Goldman Sachs Group Inc.’s holdings in Banco Santander-Chile were worth $3,261,000 at the end of the most recent quarter. 18.50% of the stock is currently owned by institutional investors and hedge funds.

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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