Brokerage Firm Rating Update on Santander Consumer USA Holdings (SC)

Santander Consumer USA Holdings (SC) : 2 brokerage houses believe that Santander Consumer USA Holdings (SC) is a Strong Buy at current levels. 7 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Santander Consumer USA Holdings (SC). Zacks Investment Research suggests a Hold with a rank of 3. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock.The median of all the 10 Wall Street Analysts endorse the stock as a Hold with a rating of 2.7.

Santander Consumer USA Holdings (SC) : The consensus price target for Santander Consumer USA Holdings (SC) is $13.17 for the short term with a standard deviation of $2.42. The most optimist securities analyst among the 9 who monitor the stock believes that the stock can reach $17, however, the pessimist price target for the company is $10.


Company shares have received an average consensus rating of Hold for the current week Also, Barclays downgrades its rating on Santander Consumer USA Holdings (NYSE:SC). The global brokerage major lowers the current price target from $15 per share to $10 per share. Analysts at the Barclays have a current rating of Equal-weight on the shares. The shares were previously rated Overweight. The rating by the firm was issued on July 26, 2016.

Santander Consumer USA Holdings (NYSE:SC): The stock opened at $12.39 and touched an intraday high of $12.47 on Wednesday. During the day, the stock corrected to an intraday low of $12.25, however, the bulls stepped in and pushed the price higher to close in the green at $12.37 with a gain of 0.49% for the day. The total traded volume for the day was 903,813. The stock had closed at $12.31 in the previous trading session.

Santander Consumer USA Holdings Inc. is a holding company. The Company is a specialized consumer finance company focused on vehicle finance and unsecured consumer lending products. The Company offers various auto financing products and services to Chrysler customers and dealers under the Chrysler Capital brand. These products and services include consumer retail installment contracts and leases, as well as dealer loans for inventory, construction, real estate, working capital and revolving lines of credit. The Company also originates vehicle loans through a Web-based direct lending program, purchases vehicle retail installment contracts and services automobile and recreational and marine vehicle portfolios for other lenders. Its products and services include vehicle finance, and origination and servicing.

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