Morgan Stanley maintains its recommendation of ‘overflow‘For Banco Santander, with a high target price of 6.50 to 7.40 euros per share. He Alcista potential is 17.25% In the face of yesterday, also placing the valuation in dimensions that the actions of the entity have not stepped on since 2011.
With this improvement, the firm is among the most optimistic about the future stock market of Banco Santander, taking into account that the consensus of the analysts places the average recommendation in ‘Buy’, with an objective price of 6.43 euros that is only 2.20% above the current levels.
Today the actions of Banco Santander take a respite, with a setback at half a session of 0.60% to 6,273 euros, after yesterday they came to play a 6,354 eurosthe highest not only of the last year but of the last decade.
Read also: Banco Santander: Better sell or keep betting on more stories in the stock market?
The value A spectacular 65.66% rises from August 5 of last yearwhen it marked its minimums of the last 52 weeks at 3.80 euros.
Banco Santander obtained an attributed benefit of 12,574 million euros in 2024, 14% more than in 2023, thanks to the strong growth of income in all global businesses and regions. The group also announced a sharing repurchase program for approximately 25% of the benefits of the second semester group (a maximum amount of 1,587 million euros).
Today Morgan Stanley analysts have also reviewed The valuations of three other Ibex 35 banks.