Several other research analysts have also commented on BSMX. The Goldman Sachs Group initiated coverage on Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México in a research report on Friday, January 14th.
They set a neutral rating and a $7.00 price target on the stock. JPMorgan Chase & Co. lowered Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México from an overweight rating to a neutral rating and set a $6.00 price target on the stock.
In a research report on Wednesday, March 30th. Zacks Investment Research raised Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México from a sell rating to a hold rating in a research report on Monday, March 28th.
Finally, Citigroup assumed coverage on Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México in a research report on Friday, January 21st.
They set a neutral rating on the stock. One research analyst has rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the stock.
Based on data from MarketBeat, Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México currently has a consensus rating of Hold and an average target price of $6.80.
Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México (NYSE:BSMX – Get Rating) last released its quarterly earnings results on Thursday, February 3rd.
The bank reported $0.19 EPS for the quarter, hitting the consensus estimate of $0.19. The company had revenue of $1.11 billion for the quarter. Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México had a return on equity of 11.09% and a net margin of 14.29%.
Equities analysts expect that Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México will post 0.72 EPS for the current fiscal year.
Source: El Financiero
