Santander Mexico Fincl Gp SAB deCV (ADR) (BSMX) was Downgraded by Goldman to ” Sell”. Earlier the firm had a rating of “Neutral ” on the company shares. Goldman advised their investors in a research report released on Sep 23, 2016.
Santander Mexico Fincl Gp SAB deCV (ADR) opened for trading at $8.72 and hit $8.83 on the upside on Thursday, eventually ending the session at $8.78, with a gain of 1.50% or 0.13 points. The heightened volatility saw the trading volume jump to 20,46,491 shares. Company has a market cap of $11,905 M.
Grupo Financiero Santander Mexico SAB de CV formerly Santander Mexico Financial Group SAB de CV or Grupo Financiero Santander SAB de CV is a Mexico-based financial institution. The Company is primarily engaged in the provision of multiple banking services securities brokerage financial advice services as well as other related investment activities. The Company offers its services to both individual and corporate clients. The Company owns such principal subsidiaries as Banco Santander (Mexico) SA Casa de Bolsa Santander SA de CV and Zurich Santander Seguros Mexico S.A.