Banco Santander Mexico Sa Instcn De (NYSE:BSMX) was downgraded by equities researchers at ValuEngine from a “sell” rating to a “strong sell” rating in a research note issued to investors on Thursday, October 31st, ValuEngine reports.
Several other research firms have also weighed in on BSMX. Credit Suisse Group upgraded shares of Banco Santander Mexico Sa Instcn De from a “neutral” rating to an “outperform” rating in a research note on Monday, October 7th. Bank of America reiterated a “neutral” rating on shares of Banco Santander Mexico Sa Instcn De in a research note on Thursday, September 12th. Finally, Zacks Investment Research upgraded shares of Banco Santander Mexico Sa Instcn De from a “hold” rating to a “buy” rating and set a $7.75 price objective on the stock in a research note on Tuesday, October 29th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $7.58.
Banco Santander Mexico Sa Instcn De stock traded down $0.09 during trading hours on Thursday, hitting $6.56. The company had a trading volume of 620,934 shares, compared to its average volume of 1,896,192. The firm has a market capitalization of $9.14 billion, a P/E ratio of 8.75, a price-to-earnings-growth ratio of 1.99 and a beta of 1.36. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.00 and a quick ratio of 1.02. The firm’s fifty day moving average is $6.68 and its 200-day moving average is $7.15. Banco Santander Mexico Sa Instcn De has a fifty-two week low of $5.68 and a fifty-two week high of $8.74.
About Banco Santander Mexico Sa Instcn De
Banco Santander (México), SA, Institución de Banca Múltiple, Grupo Financiero Santander México provides various banking products and services in Mexico. The company operates through Retail Banking and Global Corporate Banking segments. It offers various deposit products, such as current accounts, savings accounts, and time deposits, as well as certificates of interbank deposits; and payroll loans, personal loans, credit cards, mortgages, and insurance brokerage services.
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