NYSE:BSMX - Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $7.00
  • Forecasted Upside: 22.81 %
  • Number of Analysts: 7
  • Breakdown:
  • 1 Sell Ratings
  • 4 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$5.70
▲ +0.06 (1.06%)

This chart shows the closing price for BSMX by one month, three months, or twelve months.

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Analyst Price Target for BSMX

Analyst Price Target is $7.00
▲ +22.81% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México in the last 3 months. The average price target is $7.00, with a high forecast of $7.50 and a low forecast of $6.50. The average price target represents a 22.81% upside from the last price of $5.70.

This chart shows the closing price for BSMX for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 7 investment analysts is to hold stock in Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México. This rating has held steady since October 2021, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 2 sell ratings
8/4/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 2 sell ratings
11/2/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 2 sell ratings
1/31/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 2 sell ratings
5/1/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 1 sell ratings
7/30/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
10/28/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 1 sell ratings
12/27/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 1 sell ratings
1/26/2022

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
1/21/2022CitigroupInitiated CoverageNeutralMedium
1/14/2022The Goldman Sachs GroupInitiated CoverageNeutral ➝ Neutral$7.00Low
11/18/2021Bank of AmericaDowngradeBuy ➝ Underperform$8.00 ➝ $7.00Low
11/2/2021HSBCDowngradeBuy ➝ Hold$7.50Low
7/7/2021ScotiabankUpgradeSector Perform ➝ OutperformLow
6/10/2021HSBCUpgradeHold ➝ Buy$8.10Low
5/18/2021JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$6.50Low
4/22/2021ScotiabankDowngradeOutperform ➝ Sector PerformLow
4/19/2021UBS GroupDowngradeBuy ➝ NeutralLow
3/30/2021HSBCDowngradeBuy ➝ HoldMedium
8/4/2020Bank of AmericaUpgradeUnderperform ➝ NeutralHigh
6/17/2020The Goldman Sachs GroupInitiated CoverageBuyHigh
5/28/2020CitigroupInitiated CoverageBuyMedium
5/14/2020Credit Suisse GroupDowngradeOutperform ➝ UnderperformLow
4/2/2020JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$7.00High
12/18/2019JPMorgan Chase & Co.UpgradeNeutral ➝ OverweightHigh
10/7/2019Credit Suisse GroupUpgradeNeutral ➝ OutperformHigh
9/12/2019Bank of AmericaReiterated RatingBuy ➝ NeutralMedium
3/8/2019Morgan StanleyDowngradeOverweight ➝ UnderweightLow
2/7/2019JPMorgan Chase & Co.Reiterated RatingOverweight ➝ Neutral$8.40 ➝ $7.40High
12/10/2018Credit Suisse GroupDowngradeOutperform ➝ NeutralLow
11/30/2018CitigroupDowngradeBuy ➝ NeutralLow
11/28/2018Scotia Howard WeillDowngradeOutperform ➝ Sector PerformLow
7/10/2018Credit Suisse GroupUpgradeNeutral ➝ OutperformMedium
6/13/2018Scotia Howard WeillUpgradeSector Perform ➝ OutperformLow
6/7/2018JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$9.00High
1/16/2018Credit Suisse GroupDowngradeNeutral ➝ UnderperformLow
11/27/2017Scotia Howard WeillUpgradeUnderperform ➝ Sector PerformHigh
11/2/2017JPMorgan Chase & Co.Reiterated RatingOverweight ➝ NeutralN/A
11/1/2017JPMorgan Chase & Co.DowngradeOverweight ➝ Hold$11.00 ➝ $10.00N/A
9/19/2017Credit Suisse GroupDowngradeOutperform ➝ NeutralLow
9/11/2017The Goldman Sachs GroupUpgradeSell ➝ Neutral$10.60Low
7/20/2017CitigroupUpgradeNeutral ➝ BuyLow
5/4/2017JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$9.50 ➝ $7.50Medium
(Data available from 1/26/2017 forward)

News Sentiment Rating

0.20 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/30/2021
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/30/2021
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/29/2021
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/28/2021
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/28/2021
  • 0 very positive mentions
  • 1 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
11/27/2021
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/27/2021
  • 0 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/26/2022

Current Sentiment

  • 0 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México logo
Banco Santander Mexico SA Institucion de Banca Multiple Grupo Financiero Santander Mexico engages in the provision of banking and financial solutions. It operates through the following segments: Retail Banking, Global Corporate and Investment Banking, and Corporate Activities. The Retail Banking segment provides a range of services to individuals, private banking, small and medium enterprises, middle-market corporations, and government institutions. The Global Corporate and Investment Banking segment offers global transaction banking, financial solutions and advisory, and corporate finance to Mexican and multinational corporations, financial groups, and large institutional clients. The firm products include mortgages, credit cards, payroll loans, loans, and other. The company was founded on November 16, 1932 and is headquartered in Mexico City, Mexico.
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Today's Range

Now: $5.70
Low: $5.45
High: $5.79

50 Day Range

MA: $5.79
Low: $5.39
High: $6.36

52 Week Range

Now: $5.70
Low: $4.49
High: $6.67

Volume

12,100 shs

Average Volume

14,025 shs

Market Capitalization

$7.74 billion

P/E Ratio

8.38

Dividend Yield

2.84%

Beta

1.41

Frequently Asked Questions

What sell-side analysts currently cover shares of Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México?

The following sell-side analysts have issued stock ratings on Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México in the last year: Bank of America Co., Citigroup Inc., HSBC Holdings plc, JPMorgan Chase & Co., Scotiabank, The Goldman Sachs Group, Inc., UBS Group AG, and Zacks Investment Research.
View the latest analyst ratings for BSMX.

What is the current price target for Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México?

4 Wall Street analysts have set twelve-month price targets for Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México in the last year. Their average twelve-month price target is $7.00, suggesting a possible upside of 22.8%. HSBC Holdings plc has the highest price target set, predicting BSMX will reach $7.50 in the next twelve months. JPMorgan Chase & Co. has the lowest price target set, forecasting a price of $6.50 for Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México in the next year.
View the latest price targets for BSMX.

What is the current consensus analyst rating for Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México?

Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México currently has 1 sell rating, 4 hold ratings and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in BSMX, but not buy more shares or sell existing shares.
View the latest ratings for BSMX.

What other companies compete with Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México?

How do I contact Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México's investor relations team?

Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México's physical mailing address is Avenida Prolongacion Paseo de la Reforma 500 Colonia Lomas de Santa Fe Delegacion Alvaro Obregon, Mexico City O5, 1219. The bank's listed phone number is 525552578000 and its investor relations email address is [email protected] The official website for Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México is www.santander.com.mx.