Banco Santander Brasil (NYSE:BSBR) was downgraded by stock analysts at ValuEngine from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday.
Several other analysts have also recently commented on the stock. Zacks Investment Research cut shares of Banco Santander Brasil from a “buy” rating to a “hold” rating in a research note on Tuesday, November 7th. BidaskClub cut shares of Banco Santander Brasil from a “buy” rating to a “hold” rating in a research note on Tuesday, November 14th. Finally, JPMorgan Chase & Co. raised shares of Banco Santander Brasil from a “neutral” rating to an “overweight” rating and increased their price target for the company from $8.00 to $10.00 in a research note on Wednesday, November 1st. Eight equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Banco Santander Brasil currently has a consensus rating of “Hold” and an average price target of $15.00.
Shares of Banco Santander Brasil (NYSE:BSBR) opened at $11.13 on Tuesday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.90 and a current ratio of 0.90. The firm has a market cap of $40,640.00, a PE ratio of 17.39, a price-to-earnings-growth ratio of 1.07 and a beta of 1.65. Banco Santander Brasil has a 52 week low of $6.86 and a 52 week high of $11.75.
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Banco Santander Brasil Company Profile
Banco Santander (Brasil) SA (the Bank) is indirectly controlled by Banco Santander, SA, and is an institution of the Financial and Prudential Group. The Bank operates through two segments, Commercial Banking and Global Wholesale Banking. The Company conducts its operations by means of portfolios such as commercial, investment, lending and financing, mortgage lending, leasing, credit card operations and foreign exchange.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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