Last Updated: 18 Sep 2024
Executive Summary
Banco Santander SA ADR (SAN) is a leading global financial institution with a strong presence in Europe, the Americas, and Asia. The company offers a wide range of banking products and services to individuals, small and medium-sized businesses, and large corporations. SAN has a market capitalization of approximately $77.48 billion and trades on the New York Stock Exchange (NYSE) under the ticker symbol "SAN."
Company Overview
Banco Santander was founded in 1857 and is headquartered in Madrid, Spain. The company has a global presence with operations in over 10 countries. SAN provides a comprehensive suite of financial services, including:
Retail banking
Commercial banking
Investment banking
Asset management
Private banking
Fundamental Analysis
SAN's financial performance has been solid in recent years. The company reported revenue of $47.24 billion in the trailing twelve months (TTM), with a net income of $12.6 billion. SAN's earnings per share (EPS) for the TTM was $0.79.
The company's financial ratios are also healthy. SAN has a price-to-earnings (PE) ratio of 6.33, a price-to-book (P/B) ratio of 0.726, and a return on equity (ROE) of 12.6%. These ratios indicate that SAN is undervalued relative to its peers and has the potential for future growth.
Technical Analysis
SAN's stock price has been trading in a range between $3.37 and $5.27 over the past 52 weeks. The stock is currently trading at $5, which is near the middle of its trading range.
The technical indicators for SAN are mixed. The 50-day moving average is above the 200-day moving average, which indicates a bullish trend. However, the relative strength index (RSI) is below 50, which indicates that the stock is oversold.
Short Term Outlook
In the short term, SAN's stock price is likely to continue to trade in a range. The stock is currently facing resistance at $5.27 and support at $4.76. If SAN can break above $5.27, it could rally to $5.66, which is the analyst target price. However, if SAN falls below $4.76, it could decline to $4.57.
Long Term Outlook
In the long term, SAN's stock price is expected to rise. The company has a strong track record of financial performance and is well-positioned to benefit from the growth of the global economy. SAN's stock is currently trading at a discount to its peers and has the potential for significant upside.
Analyst Recommendations
The majority of analysts have a "Buy" or "Strong Buy" rating on SAN. The average analyst target price is $5.66, which represents a potential upside of over 13% from the current price.
