Santander : Signals broadly positive, which is sufficiently rare to be worth underlining!
>Outperform rating reiterated – target price raised to € 5.4 (vs € 5.3) - Our positive stance on the share (Outperform) is confirmed with, and this is sufficiently rare for Santander to be worth emphasising, most indicators pointing in a positive direction. The Q4/full-year 2023 results were broadly reassuring on the group’s strength, for both operations and the balance sheet, with favourable guidance for 2024 and a positive update on execution of the current medium-t...Banco Santander is a holding company, providing a range of financial products. Co.'s products and services include: retail banking business that covers all customer banking businesses; wholesale banking business; as well as asset management and insurance business. Co.'s principal operations are in Spain, the U.K., Portugal, Germany, Italy and Latin America. As of Dec 31 2014, Co.'s total assets amounted to Euro1,266,296,000,000 and total customer deposits amounted to Euro647,627,000,000.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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