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Kepler Capital Reaffirms Their Buy Rating on Banco Santander (BNC)

Kepler Capital Reaffirms Their Buy Rating on Banco Santander (BNC)

Kepler Capital analyst Jacques-Henri Gaulard maintained a Buy rating on Banco Santander (BNC – Research Report) on May 29 and set a price target of €8.10. The company's shares closed yesterday at p592.00.
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According to TipRanks, Gaulard is a 2-star analyst with an average return of 0.7% and a 43.48% success rate. Gaulard covers the Financial sector, focusing on stocks such as Banco Santander, BNP Paribas, and Societe Generale.
In addition to Kepler Capital , Banco Santander also received a Buy from Morgan Stanley's Alvaro Serrano in a report issued on May 21. However, on May 29, J.P. Morgan maintained a Hold rating on Banco Santander (LSE: BNC).
Based on Banco Santander's latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of p33.75 billion and a net profit of p3.21 billion. In comparison, last year the company earned a revenue of p13.92 billion and had a net profit of p2.67 billion
Based on the recent corporate insider activity of 41 insiders, corporate insider sentiment is neutral on the stock.
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