Shares of Banco Santander Brasil SA (Symbol: BSBR) recently traded at $6.09, surpassing the average analyst 12-month target price of $6.06. This development signals a need for analysts to reevaluate their target prices or potential downgrades based on the stock’s current valuation.
The average target price is based on contributions from five different analysts, with predictions ranging from a low of $4.70 to a high of $8.60. The standard deviation among these targets is $1.69, illustrating varying perspectives on the stock’s future value.
Current ratings include three “Hold” recommendations, one “Sell,” and two “Strong Sell” ratings, resulting in an average rating of 3.75 on a scale where 1 indicates a “Strong Buy” and 5 indicates a “Strong Sell.”
