Alert: Positive Investment/Fundamental Signals (12/4/23)-Banco Santander SA (NYSE: SAN)


Recent meaningful positive changes in investment behavior have benefitted Banco Santander SA (NYSE: SAN): the stock’s recent price rise disrupted its longer term downtrend.

Notable positive changes in fundamentals have recently occurred for Banco Santander SA (NYSE: SAN): the consensus estimate for December, 2024 increased significantly, significant quarterly sales acceleration occurred, and significant quarterly earnings acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, SAN is expected to continue to be an important Value Builder.

Banco Santander has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Banco Santander has a good Power Rating of 81 and a very high Appreciation Score of 96, resulting in the Highest Value Trend Rating.

Recent Price Action

On 12/4/23, Banco Santander SA (NYSE: SAN) stock was unchanged 0.0%, closing at $4.14. NORMAL trading volume accompanied the flat performance. The stock has risen 1.5% during the last week and has been strong relative to the market over the last nine months.

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