Morgan Stanley Lifts PT on Banco Santander (SAN) to EUR 12.10 From EUR 11.50
Banco Santander, S.A. (NYSE:SAN) is one among the most effective low cost shares beneath $50 to purchase proper now. Morgan Stanley lifted the value goal on Banco Santander, S.A. (NYSE:SAN) to EUR 12.10 from EUR 11.50 on February 26, sustaining an Equal Weight ranking on the shares. Citi additionally raised the value goal on Banco Santander, S.A. (NYSE:SAN) to EUR 12.50 from EUR 11.90 on February 24 and maintained a Purchase ranking on the shares.
Along with Morgan Stanley and Citi, Banco Santander, S.A. (NYSE:SAN) acquired one other bullish ranking replace from Deutsche Financial institution on February 23. The agency raised the value goal on the inventory to EUR 11.50 from EUR 9.80 and maintained a Purchase ranking on the shares.
The optimistic ranking updates got here after Banco Santander, S.A. (NYSE:SAN) delivered report full-year 2025 outcomes, reporting an attributable revenue of €14,101 million in 2025, up 12% year-on-year (or +16% in fixed euros), with whole prospects reaching 180 million for the primary time after including eight million prospects within the 12 months. Administration attributed the sturdy outcomes to resilient internet curiosity revenue, report charges, and effectivity positive aspects, with continued enchancment in credit score high quality.
Banco Santander (NYSE:SAN) is a Spain-based firm that operates as a retail and industrial financial institution. Its segments are scattered throughout Continental Europe, the UK, Latin America, and america.
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