03 September, 2017
BidaskClub cut shares of Banco Santander-Chile (NASDAQ:BSAC) from a strong-buy rating to a buy rating in a research report report published on Friday morning.
Several equities research analysts recently weighed in on BSAC shares. Analysts on average have given a price target of $7.32 to Banco Santander (Brasil) S.A. stock. Scotia Howard Weill raised shares of Banco Santander-Chile from a "sector perform" rating to an "outperform" rating in a research note on Friday, August 25th.
When it comes to the Analysis of a Stock, Price Target plays a vital role. The recommendation is based on a 1 to 5 scale where 1 or 2 indicates a Buy recommendation, 3 a Hold and 4-5 a Sell. UBS AG's target price would suggest a potential downside of 7.44% from the company's current price.
Banco Santander, (NYSE:SAN) last announced its earnings results on Friday, July 28th. The value of the investment in Banco Santander - Chile ADS went from $38,748,000 to $46,502,000 a change of 20.0% for the reporting period. The stock has a market capitalization of $13.78 billion and a P/E ratio of 18.28.
It is now trading at $29.25 a tad higher than $28.34, the 50 day moving average and quite a bit higher than the 200 day moving average of $25.27. The value of the total investment in Banco Santander - Chile ADS decreased from $225,000 to $61,000 a change of $164,000 quarter to quarter. The bank reported $0.12 EPS for the quarter, missing the consensus estimate of $0.14 by $0.02. The company had revenue of $704.02 million during the quarter, compared to the consensus estimate of $458.92 million. During the same period previous year, the firm posted $0.40 earnings per share.
Banco Santander-Chile (the Bank), formerly Banco Santander Chile, launched on August 1, 2002, is a Chilean bank.
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The company also recently declared a None dividend, which was paid on Friday, August 11th. Weybosset Research & Management LLC increased its stake in Banco Santander, by 0.7% in the second quarter. Finally, Commerzbank Aktiengesellschaft FI purchased a new stake in shares of Banco Santander-Chile during the first quarter valued at approximately $224,000. Royal Bank of Canada increased its position in shares of Banco Santander-Chile by 2,007.2% in the second quarter. On average, equities analysts anticipate that Banco Santander-Chile will post $1.79 earnings per share for the current year. As of the end of the quarter Jane Street Group, LLC had bought a total of 419,981 shares growing its stake by 944.4%. Winslow Evans & Crocker Inc. now owns 31,158 shares of the bank's stock valued at $208,000 after buying an additional 180 shares during the last quarter. Cubist Systematic Strategies, LLC added to its position by buying 51,592 shares an increase of 143.8% in the quarter. Farmers & Merchants Investments Inc. now owns 20,175 shares of the bank's stock valued at $135,000 after buying an additional 481 shares during the last quarter.
