Short Term Rating on Santander Consumer USA Holdings (SC)

Santander Consumer USA Holdings (SC) : The consensus on Santander Consumer USA Holdings (SC) based on 10 analyst recommendation on the company stock is 2.5, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 3 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 6 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on Santander Consumer USA Holdings (SC).

Santander Consumer USA Holdings (SC) : 9 investment research analysts covering Santander Consumer USA Holdings (SC) have an average price target of $13.61 for the near short term. The highest target price given by the Brokerage Firm to the stock is $17 and the lowest target is $9 for the short term. Analysts expect the variance to be within $2.4 of the average price.

For the current week, the company shares have a recommendation consensus of Buy.


Santander Consumer USA Holdings (NYSE:SC): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $10.95 and $10.91 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $11.47. The buying momentum continued till the end and the stock did not give up its gains. It closed at $11.24, notching a gain of 3.88% for the day. The total traded volume was 1,373,946 . The stock had closed at $10.82 on the previous day.

Santander Consumer USA Holdings Inc. is a holding company. The Company is a specialized consumer finance company focused on vehicle finance and unsecured consumer lending products. The Company offers various auto financing products and services to Chrysler customers and dealers under the Chrysler Capital brand. These products and services include consumer retail installment contracts and leases, as well as dealer loans for inventory, construction, real estate, working capital and revolving lines of credit. The Company also originates vehicle loans through a Web-based direct lending program, purchases vehicle retail installment contracts and services automobile and recreational and marine vehicle portfolios for other lenders. Its products and services include vehicle finance, and origination and servicing.

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