Summary:
- Banco Santander (SAN, Financial) offers to acquire Banco de Sabadell's UK division, TSB, for over £2.3 billion ($3.15 billion).
- Analysts project an average price target for Banco Santander at $7.37, suggesting an 11.08% downside.
- Banco Santander's estimated GF Value indicates a potential 39.31% downside to $5.03.
Banco Santander (SAN) has taken a strategic step by submitting a binding proposal to acquire Banco de Sabadell's UK division, TSB. The proposed valuation for this acquisition stands at over £2.3 billion ($3.15 billion). This offer is under consideration and might be discussed in an upcoming board meeting by Sabadell to make further decisions about proceeding with the deal.
Analyst Forecasts and Price Targets
Investors are looking at varied price predictions for Banco Santander SA (SAN, Financial). Two analysts have provided a range of one-year price targets, with an average target set at $7.37. The projections range from a high of $8.64 to a low of $6.09, suggesting an average downside of 11.08% from the current trading price of $8.29. For comprehensive data on these estimates, visit the Banco Santander SA (SAN) Forecast page.
Brokerage Recommendations
The consensus from one brokerage firm gives Banco Santander SA (SAN, Financial) an average brokerage recommendation of 3.0, classifying it as a "Hold". This rating uses a scale where 1 indicates a Strong Buy and 5 signifies a Sell, highlighting a cautious stance on the stock.
Understanding the GF Value
The GF Value metric from GuruFocus estimates Banco Santander SA's (SAN, Financial) fair value at $5.03 in one year. This implies a potential downside of 39.31% from its current price of $8.2876. The GF Value represents an intrinsic valuation calculated through historical trading multiples and forecasts of future business performance. For further details and a deeper dive into Banco Santander's valuation, refer to the Banco Santander SA (SAN) Summary page.
