Banco Santander, S.A. (SAN) Upgraded as Kepler Revamps Valuation Methodology

Banco Santander, S.A. (NYSE:SAN) is among the most profitable fiscal stocks to put in. On January 13, Kepler Cheuvreux upgraded Banco Santander, S.A. (NYSE:SAN) to Buy from Hold and substantially lifted the terms people from EUR8.81 to EUR12.40. The steadfast associates this affirmative stance with an updated methodology that much accurately reflects technology’s interaction connected the bank’s valuation, which it believes was antecedently underestimated. Having said this, the steadfast present forecasts a 20% Return connected Tangible Equity (RoTE) for the institution by 2029.

For the 2025-26 fiscal period, Kepler Cheuvreux expects EUR12.4 cardinal successful stock buybacks, surpassing the bank’s archetypal people by an awesome 25%. Thus, done this uplift, the steadfast present afloat accounts for the concern case, addressing what was antecedently described arsenic a stretching spread betwixt the earlier terms people and the stock’s price.

Pixabay/Public Domain

Overall, Banco Santander, S.A. (NYSE:SAN) is simply a statement Buy, with 82% of the analysts covering the banal bullish and the remaining 18% holding a cautious view. While the statement 1-year median terms people implies 4.01% upside, the highest and lowest estimates connote 17.28% upside and 20.73% downside, respectively.

Banco Santander, S.A. (NYSE:SAN), headquartered successful Madrid, Spain, is simply a supplier of a divers scope of fiscal products and services to individuals, enterprises, and corporations. Incorporated successful 1856, the institution operates done 5 segments, including Retail & Commercial Banking, Wealth Management & Insurance, and Payments.

While we admit the imaginable of SAN arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.

Disclosure: None.