Banco Santander-Chile (NYSE:BSAC – Get Free Report) was the recipient of a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 313,700 shares, an increase of 11.0% from the October 31st total of 282,700 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 278,300 shares, the short-interest ratio is presently 1.1 days.
Analysts Set New Price Targets
Separately, The Goldman Sachs Group raised shares of Banco Santander-Chile from a “sell” rating to a “neutral” rating and raised their target price for the company from $18.00 to $21.00 in a research note on Tuesday, August 20th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $21.50.
Read Our Latest Analysis on Banco Santander-Chile
Institutional Investors Weigh In On Banco Santander-Chile
Banco Santander-Chile Stock Performance
NYSE:BSAC opened at $19.22 on Wednesday. The company has a debt-to-equity ratio of 3.60, a current ratio of 1.82 and a quick ratio of 1.82. The company has a market cap of $9.05 billion, a price-to-earnings ratio of 10.92, a PEG ratio of 0.40 and a beta of 0.87. Banco Santander-Chile has a 1 year low of $17.73 and a 1 year high of $21.43. The stock’s 50 day simple moving average is $19.82 and its two-hundred day simple moving average is $19.76.
Banco Santander-Chile Company Profile
Banco Santander-Chile, together with its subsidiaries, provides commercial and retail banking services in Chile. It operates through Retail Banking, Middle-Market, Corporate Investment Banking, and Corporate Activities segments. The company offers debit and credit cards, checking accounts, and savings products; consumer, automobile, commercial, mortgage, and government-guaranteed loans; and Chilean peso and foreign currency-denominated loans to finance various commercial transactions, trade, foreign currency forward contracts, and credit lines, as well as mortgage financing services.
Recommended Stories
- Five stocks we like better than Banco Santander-Chile
- How to Use High Beta Stocks to Maximize Your Investing Profits
- Atlas Energy Solutions: A New Star in the SmallCap 600 Index
- How to Read Stock Charts for Beginners
- 3 Small-Cap Stocks on the Rise With Over 4% Dividend Yields
- Canadian Penny Stocks: Can They Make You Rich?
- Insiders Keep Buying These Stocks: 2 to Buy, 1 to Avoid
Receive News & Ratings for Banco Santander-Chile Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Banco Santander-Chile and related companies with MarketBeat.com's FREE daily email newsletter.