The analysts of Goldman Sachs maintain their recommendation of ‘comprar‘For Banco Santander waiting for the group chaired by Ana Botín to present its results of the first semester next July 30. However, the potential they see to action is limited after the spectacular revaluation of the last year.
Specifically, Goldman reduces the target price of the 7.60 euros prior to 7.40 euros per sharewhich implies a Alcista potential of just 2.33% In front of the closing of Monday.
With this cut, the American bank is slightly less optimistic than the average of analysts covering Banco Santander. According to the data collected by Reuters, on average the analysis houses give advice to ‘buy’ and an objective price of 7,45 euros2.56% above the current contribution.
On the morning of this Tuesday, Santander shares rise a slight 0.46% to reach 7,264 euros. The titles came to play some new maximums on July 9 at 7.55 eurosbut since then they have lost some bellows (-3.78%).
Despite this, the behavior in the last year remains spectacular: using its minimums of the last 52 weeks, located at 3.80 euros since August 5 of last year, the accumulated rise is already 91.15%.