Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Banco Santander, (SAN) Share Price
News coverage about Banco Santander, (NYSE:SAN) has been trending somewhat positive on Wednesday, according to Accern Sentiment Analysis. Accern rates the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Banco Santander, earned a news sentiment score of 0.13 on Accern’s scale. Accern also assigned media headlines about the bank an impact score of 45.9460522548698 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the media headlines that may have effected Accern Sentiment’s analysis:
- How did Venezuela get to this point? (ftalphaville.ft.com)
- Stocks Keep Climbing; Spain Tensions Pressure Euro (laht.com)
- Santander Consumer USA Holdings Inc. Announces Key Appointments To Leadership Team (finance.yahoo.com)
- European stocks pause for breath after 8-day winning run (finance.yahoo.com)
- Santander Donates $2 Million To Relief Efforts In Puerto Rico In The Aftermath Of Hurricane Maria (finance.yahoo.com)
Banco Santander, (NYSE SAN) traded down 3.68% during midday trading on Wednesday, hitting $6.55. The stock had a trading volume of 12,944,263 shares. The company has a 50-day moving average of $6.60 and a 200-day moving average of $6.54. Banco Santander, has a 1-year low of $4.23 and a 1-year high of $6.99. The stock has a market cap of $100.74 billion, a price-to-earnings ratio of 12.04 and a beta of 1.38.
Banco Santander, (NYSE:SAN) last announced its quarterly earnings results on Friday, July 28th. The bank reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.02). The company had revenue of $13.10 billion for the quarter. Banco Santander, had a return on equity of 6.70% and a net margin of 14.98%. Equities research analysts forecast that Banco Santander, will post $0.49 EPS for the current year.
SAN has been the subject of a number of recent analyst reports. ValuEngine cut Banco Santander, from a “strong-buy” rating to a “buy” rating in a report on Friday, September 1st. Bank of America Corporation raised Banco Santander, from an “underperform” rating to a “neutral” rating in a report on Friday, June 9th. Zacks Investment Research cut Banco Santander, from a “buy” rating to a “hold” rating in a report on Saturday, September 16th. Finally, Goldman Sachs Group, Inc. (The) reissued a “neutral” rating on shares of Banco Santander, in a research note on Tuesday, August 15th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and nine have issued a buy rating to the stock. Banco Santander, has an average rating of “Buy” and an average target price of $16.63.
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About Banco Santander,
Banco Santander, SA is a retail and commercial bank. The Banks segments include Continental Europe, the United Kingdom, Latin America and the United States. The Continental Europe segment covers all businesses in the Continental Europe. The United Kingdom segment includes the businesses developed by various units and branches in the country.
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