Banco Santander continues to have the determined support of the analysts, while showing as the second value of the sector with the most consensus potential, which Reuters collects after Banco Sabadell.
The last support on the value comes from the hand of UBS. The Swiss bank considers that the entity chaired by Ana Botín is a purchase for investors, while putting the target price of value in The 7.8 euros per share, which means granting a potential for improvement on yesterday’s closure of 11% in Ibex 35.
His analyst Ignacio Cerezo considers that a possible acquisition of TSB, the British Banco Sabadell division, would be positive for the bank. This would reinforce the presence of the Spanish company in a market in which it already operates. The British divisions of both banks have business models and similar results.
In January, and after indicating Financial Times in an article that Santander planned The possibility was in one of his first phases of discussion within the entity.
In February, Ana Botín, its president, settled the discussion indicating that it was not for sale pointing out that «The United Kingdom is profitable, offers us diversification due to its currency, His balance is low risk and I am very happy with the improvement of margins in the country. «The possible interest on TSB, reaffirms it.
The potential offer by Sabadell’s subsidiary, which according to Reuters would entail a bid of 2,670 million euros per TSBwould raise its mortgage quota in the United Kingdom up to 20%.
In the average recommendations on the value that Reuters collects we find a Buying Consensus Council with Objective price of 7.37 euros per share and potential of 5.44% on its closure yesterday Monday.
Among the last that of Landesbank up to 7.70 euros today and potential of 9.6% and that of CaixaBank BPI that places its new target price at 8.70 euros With the possibility of very high revaluation, of 23.81% that would be added to the annual advances accumulated by the value, of 60% in the first half of 2025.
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