Banco Santander Brasil SA American Depositary Shares, each representing one unit (BSBR) Analyst Ratings & Price Targets

Banco Santander Brasil SA American Depositary Shares, each representing one unit

BSBR · NYSE

Analyst Consensus

Underperform

7 analysts

Current

—

Low

Average

—

High

Average target implies +18.49% versus the current price.

Analyst Ratings Synthesis

Consensus is Underperform across seven analysts. The stated target range is incomplete, with low and high targets unavailable, while the mean target is 6.00. At the reported ending price of $5.68, that mean is above the stock, but the available data do not identify which analysts are most or least bullish or explain the breadth of the target distribution. No analyst names, individual ratings, target changes, or revisions over the past week are supplied, so the direction of revisions cannot be determined. The substantive disagreement behind the consensus spread is also undocumented; the available research only establishes that analysts collectively rate the shares Underperform despite a mean target above the latest reported close.

Rating Actions

No individual rating actions have been captured for BSBRyet. Consensus figures above come from Nasdaq's aggregate feed.

Rating actions are extracted from published reporting. Each row links to its source.

Research Reports

Links to freely available third-party research. Outlook labels are our classification of each article's stance, not a rating of our own.

Covering Firms

B OF A GLBL RES

BARCLAYS CAPITA

CITIGROUP

GOLDMAN SACHS

JEFFERIES & CO.

JP MORGAN SECUR

MORGAN STANLEY

Symbol: BSBR
Type: Stock
Sector: Finance
Industry: Commercial Banks, NEC
Exchange: NYSE

Banco Santander (Brasil) SA is part of Santander Group, a Spanish bank present also in Brazil, Mexico, Argentina, and Chile. The bank's operations are divided into two major divisions: Commercial Banking provides services and products to individuals and companies. The revenue from this segment is derived from the banking and financial products and services available to the account and non-account holders. The Global Wholesale Banking offers a wide range of national and international tailored financial services and structured solutions for the global corporate customers, comprised mostly of local and multinational corporations. The bank has operations in Brazil and internationally.

Key Issues

Bullish view

Recurring net income of BRL3 billion and 12.5% return on average equity show that Santander Brasil remains profitable despite the cost pressure.

Bearish view

Higher credit costs are already weighing on profitability, so continued deterioration could pressure recurring earnings and returns further.