Goldman Sachs Maintains Buy Rating on Banco Santander with €9.40 Price Target

Banco Santander received a "Buy" rating from Goldman Sachs analyst Chris Hallam, with a price target of €9.40. Hallam has a 78.06% success rate and an average return of 27.4%. The analyst consensus is Moderate Buy, with a price target consensus of €666.27. Banco Santander has a market cap of £104.6B and a P/E ratio of 9.68.

Banco Santander, S.A. (NYSE: SAN) has received a "Buy" rating from Goldman Sachs analyst Chris Hallam, with a price target of €9.40. Hallam, known for his 78.06% success rate and an average return of 27.4%, has a track record of accurate predictions [1]. This rating comes amidst a broader analyst consensus that is moderately bullish on the bank, with a price target consensus of €666.27.

The Spanish multinational banking giant operates in various segments, including retail and commercial banking, with a significant presence in Continental Europe, the United Kingdom, Latin America, and the United States. The bank's market capitalization stands at £104.6 billion, and its price-to-earnings (P/E) ratio is 9.68.

The latest analyst ratings reflect a positive outlook on Banco Santander's growth prospects. RBC Capital and Deutsche Bank have raised their price targets on the stock, with RBC Capital setting a target of EUR 7.50 and Deutsche Bank raising it to EUR 8.20. UBS analyst Ignacio Cerezo also maintains a "Buy" rating with a price target of €8.45 [1].

Institutional investors have shown interest in Banco Santander, with Candriam S.C.A. investing approximately $25.12 million in Banco Santander Chile, acquiring 1,101,600 shares, representing about 0.23% ownership in the company [2]. Other institutional investors, such as Brooklyn Investment Group and Tower Research Capital LLC, have also significantly increased their stakes in Banco Santander Chile [2].

Banco Santander Chile (NYSE: BSAC) reported earnings per share of $0.60 for the latest quarter, missing analysts' expectations. Despite this, the stock has seen increased analyst interest, with several analysts upgrading their ratings and price targets [2]. The bank's market capitalization is $11.38 billion, and it has a P/E ratio of 10.07 and a P/E-growth ratio of 0.91 [2].

The overall market sentiment towards Banco Santander is moderately positive, with analysts expecting the stock to perform well in the coming quarters. However, investors should remain vigilant and conduct thorough research before making investment decisions.

References:
[1] https://finance.yahoo.com/news/does-wall-street-think-banco-144618362.html
[2] https://www.marketbeat.com/instant-alerts/filing-candriam-sca-invests-2512-million-in-banco-santander-chile-bsac-2025-08-21/