Zacks Rating on Grupo Financiero Santander Mexico S.A. B. de C.V. (BSMX)

Grupo Financiero Santander Mexico S.A. B. de C.V. (BSMX) has an average broker rating of 3.13, which is interpreted as a Hold, as rated by 4 equity analysts. Nevertheless, the majority of 3 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 considers that the stock is a Sell.

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

Grupo Financiero Santander Mexico, S.A.B. de C.V. has dropped 2.26% in the last five trading days, however, the shares have posted positive gains of 2.37% in the last 4 weeks. Grupo Financiero Santander Mexico, S.A.B. de C.V. is up 9.31% in the last 3-month period. Year-to-Date the stock performance stands at 11.75%. Grupo Financiero Santander Mexico S.A. B. de C.V. (NYSE:BSMX): stock turned positive on Tuesday. Though the stock opened at $9.5, the bulls momentum made the stock top out at $9.54 level for the day. The stock recorded a low of $9.45 and closed the trading day at $9.51, in the green by 0.74%. The total traded volume for the day was 1,679,628. The stock had closed at $9.44 in the previous days trading.

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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