Banco Santander (SAN) Negotiates Sale of Polish Bank Stake

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  • Banco Santander is considering selling a 49% stake in its Polish unit, attracting interest from various potential buyers.
  • Analysts project a 12% downside to the current stock price based on the average target price estimate.
  • GuruFocus GF Value suggests a potential 40.04% downside from the current price, based on historical trading multiples and future business estimates.

Banco Santander (SAN, Financial), a major Spanish banking group, is currently engaging in talks with Erste Group Bank to potentially divest a 49% share of its Polish division, Santander Bank Polska. This move comes amid mounting interest from several prospective buyers, following reports of Santander exploring strategic avenues for its operations in Poland.

Wall Street Analysts' Forecast

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According to projections by two analysts, the one-year average price target for Banco Santander SA (SAN, Financial) is set at $6.52. This includes a high estimate of $7.12 and a low estimate of $5.91, representing an anticipated 12.00% downside from the current share price of $7.41. For more comprehensive insights, visit the Banco Santander SA (SAN) Forecast page.

The consensus from two brokerage firms places Banco Santander SA's (SAN, Financial) average recommendation at 3.0, reflecting a "Hold" status. This rating operates on a scale of 1 to 5, where 1 denotes a Strong Buy and 5 indicates a Sell recommendation.

GuruFocus Valuation Insights

Utilizing GuruFocus estimates, the projected GF Value for Banco Santander SA (SAN, Financial) in the upcoming year is $4.44. This estimation implies a potential 40.04% downside from the current trading price of $7.405. The GF Value reflects GuruFocus' calculated fair market value, derived from the stock's historical trading multiples, past growth patterns, and anticipated future business performance. For a detailed analysis, please refer to the Banco Santander SA (SAN) Summary page.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.