Grupo Financiero Santander Mexico S.A. B. de C.V. (BSMX) Shares are Up 0.84%

Grupo Financiero Santander Mexico S.A. B. de C.V. (BSMX) : Traders are bullish on Grupo Financiero Santander Mexico S.A. B. de C.V. (BSMX) as it has outperformed the S&P 500 by a wide margin of 5.59% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.5%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.84% in the last 1 week, and is up 5.37% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 1.51% and the fifty day Moving Average is 4.07%. Grupo Financiero Santander Mexico, S.A.B. de C.V. is up 7.97% in the last three month period. Year-to-Date the stock performance stands at 13.04%.

Grupo Financiero Santander Mexico S.A. B. de C.V. (BSMX) : 2 Wall Street analysts covering Grupo Financiero Santander Mexico S.A. B. de C.V. (BSMX) believe that the average level the stock could reach for the short term is $10. The maximum price target given is $11 and the minimum target for short term is around $9, hence the standard deviation is calculated at $1.41.


Grupo Financiero Santander Mexico S.A. B. de C.V. (NYSE:BSMX): On Fridays trading session , Opening price of the stock was $9.75 with an intraday high of $9.8. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $9.485. However, the stock managed to close at $9.62, a loss of 0.10% for the day. On the previous day, the stock had closed at $9.63. The total traded volume of the day was 2,070,076 shares.

Grupo Financiero Santander Mexico SAB de CV, formerly Santander Mexico Financial Group SAB de CV or Grupo Financiero Santander SAB de CV, is a Mexico-based financial institution. The Company is primarily engaged in the provision of multiple banking services, securities brokerage, financial advice services, as well as other related investment activities. The Company offers its services to both, individual and corporate clients. The Company owns such principal subsidiaries as Banco Santander (Mexico) SA, Casa de Bolsa Santander SA de CV and Zurich Santander Seguros Mexico S.A.

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