Banco Santander S.A. (ADR) (SAN) is Upgraded by JP Morgan to Overweight

Banco Santander S.A. (ADR) (SAN) was Upgraded by JP Morgan to ” Overweight”. Earlier the firm had a rating of “Neutral ” on the company shares. JP Morgan advised their investors in a research report released on Apr 25, 2016.

Many Wall Street Analysts have commented on Banco Santander S.A. (ADR). Banco Santander S.A. (ADR) was Downgraded by Societe Generale to ” Sell” on Mar 18, 2016. Banco Santander S.A. (ADR) was Upgraded by HSBC Securities to ” Buy” on Mar 1, 2016.

Banco Santander S.A. (ADR) opened for trading at $4.96 and hit $5.01 on the upside on Friday, eventually ending the session at $5.01, with a gain of 1.21% or 0.06 points. The heightened volatility saw the trading volume jump to 52,65,978 shares. Company has a market cap of $71,726 M.

Banco Santander S.A. is a Spain-based banking company. The Bank’s business segments include Retail Banking which includes customer banking businesses; Global Wholesale Banking (GBM) which includes global corporate banking investment banking and markets; Private Banking Asset Management and Insurance which include design and management of mutual and pension funds and insurance and Spain’s run-off real estate which includes loans to customers in Spain. It has operations in Continental Europe which includes retail banking business wholesale banking and private banking and asset management and insurance as well as the unit of Runoff Real Estate Activity in Spain; the United Kingdom which include retail and wholesale banking and private banking asset management and insurance; Latin America which include financial activities conducted through its subsidiary banks and subsidiaries and United States which include the businesses of Santander Bank and Santander Puerto Rico.

Banco Santander S.A. (ADR)

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