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05-Feb-2018<br />

Banco Santander-Chile (BSAC) Upgraded to Strong-Buy at ValuEngine<br />

DailyPolitical.com<br />

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ValuEngine upgraded shares of Banco Santander-Chile (NYSE:BSAC) from a buy rating to<br />

a strong-buy rating in a research report sent to investors on Friday morning.<br />

BSAC has been the topic of a number of other research reports. Scotia Howard Weill cut<br />

Banco Santander-Chile from an outperform rating to a sector perform rating in a research<br />

note on Tuesday, October 24th. BidaskClub cut Banco Santander-Chile from a buy rating to<br />

a hold rating in a research note on Sunday, November 5th. Zacks Investment Research<br />

raised Banco Santander-Chile from a hold rating to a buy rating and set a $33.00 target<br />

price on the stock in a research note on Thursday, November 16th. Citigroup cut Banco<br />

Santander-Chile from a buy rating to a neutral rating in a research note on Friday,<br />

December 1st. Finally, Deutsche Bank cut Banco Santander-Chile to a sell rating and set a<br />

$32.00 price objective on the stock. in a research note on Wednesday, January 24th. Two<br />

equities research analysts have rated the stock with a sell rating, five have assigned a hold<br />

rating, one has assigned a buy rating and one has given a strong buy rating to the stock.<br />

The company currently has a consensus rating of Hold and a consensus price target of<br />

$29.60.<br />

Get Banco Santander-Chile alerts:<br />

Banco Santander-Chile ( NYSE:BSAC ) opened at $32.95 on Friday. The company has a<br />

market capitalization of $15,523.24, a P/E ratio of 17.72, a PEG ratio of 1.39 and a beta of<br />

0.72. Banco Santander-Chile has a 52 week low of $21.56 and a 52 week high of $34.98.<br />

The company has a debt-to-equity ratio of 2.75, a quick ratio of 1.69 and a current ratio of<br />

1.69.<br />

Banco Santander-Chile (NYSE:BSAC) last released its earnings results on Wednesday,<br />

January 31st. The bank reported $0.46 EPS for the quarter, beating analysts’ consensus<br />

estimates of $0.44 by $0.02. The firm had revenue of $729.84 million for the quarter,<br />

compared to analysts’ expectations of $449.44 million. Banco Santander-Chile had a return<br />

on equity of 18.00% and a net margin of 20.98%. sell-side analysts forecast that Banco<br />

Santander-Chile will post 2 EPS for the current year.<br />

A number of large investors have recently made changes to their positions in BSAC.<br />

Schwab Charles Investment Management Inc. grew its stake in Banco Santander-Chile by<br />

20.3% in the second quarter. Schwab Charles Investment Management Inc. now owns<br />

160,177 shares of the bank’s stock worth $4,071,000 after purchasing an additional 27,032<br />

shares in the last quarter. Vanguard Group Inc. grew its stake in Banco Santander-Chile by<br />

9.0% in the second quarter. Vanguard Group Inc. now owns 2,095,880 shares of the bank’s<br />

stock worth $53,256,000 after purchasing an additional 172,392 shares in the last quarter.<br />

Stifel Financial Corp grew its stake in Banco Santander-Chile by 8.0% in the second<br />

quarter. Stifel Financial Corp now owns 20,604 shares of the bank’s stock worth $522,000<br />

after purchasing an additional 1,527 shares in the last quarter. Goldman Sachs Group Inc.<br />

grew its stake in Banco Santander-Chile by 15.0% in the second quarter. Goldman Sachs<br />

Group Inc. now owns 162,447 shares of the bank’s stock worth $4,128,000 after purchasing<br />

an additional 21,215 shares in the last quarter. Finally, Royal Bank of Canada grew its<br />

stake in Banco Santander-Chile by 2,007.2% in the second quarter. Royal Bank of Canada<br />

now owns 66,566 shares of the bank’s stock worth $1,692,000 after purchasing an<br />

additional 63,407 shares in the last quarter. 16.75% of the stock is currently owned by<br />

institutional investors.<br />

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Banco Santander-Chile Company Profile<br />

Banco Santander-Chile (the Bank), formerly Banco Santander Chile, is a Chilean bank. The<br />

Bank’s segments include Retail banking, Middle-market, Global Corporate Banking and<br />

Corporate Activities (Other). The Retail Banking segment consists of individuals and small<br />

to middle-sized entities (SMEs). The Middle-market segment serves companies and large<br />

corporations.<br />

To view ValuEngine’s full report, visit ValuEngine’s official website .

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