Favorable Press Coverage Somewhat Likely to Affect Banco Santander-Chile (BSAC) Stock Price

News headlines about Banco Santander-Chile (NASDAQ:BSAC) have been trending positive this week, according to Alpha One Sentiment Analysis. Alpha One, a unit of Accern, identifies negative and positive press coverage by monitoring more than 20 million news and blog sources. Alpha One ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Banco Santander-Chile earned a media sentiment score of 0.31 on Alpha One’s scale. Alpha One also gave news stories about the bank an impact score of 50 out of 100, indicating that recent press coverage is somewhat likely to have an effect on the stock’s share price in the near term.

Banco Santander-Chile (NASDAQ:BSAC) traded up 1.52% on Friday, hitting $24.10. The stock had a trading volume of 97,314 shares. Banco Santander-Chile has a one year low of $17.83 and a one year high of $25.55. The company has a market cap of $11.35 billion and a PE ratio of 15.06. The stock has a 50-day moving average of $24.32 and a 200-day moving average of $22.89.

The company also recently disclosed an annual dividend, which was paid on Thursday, May 4th. Stockholders of record on Friday, April 21st were issued a $0.687 dividend. The ex-dividend date of this dividend was Wednesday, April 19th. This represents a dividend yield of 4.36%.

BSAC has been the subject of several research reports. Zacks Investment Research downgraded Banco Santander-Chile from a “hold” rating to a “sell” rating in a research note on Friday, February 10th. Credit Suisse Group AG reaffirmed a “neutral” rating and set a $26.00 price target (up previously from $25.00) on shares of Banco Santander-Chile in a research note on Wednesday, April 19th. Finally, Goldman Sachs Group Inc lifted their price target on Banco Santander-Chile from $23.00 to $26.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 2nd.

ILLEGAL ACTIVITY WARNING: “Favorable Press Coverage Somewhat Likely to Affect Banco Santander-Chile (BSAC) Stock Price” was originally posted by Sports Perspectives and is owned by of Sports Perspectives. If you are accessing this story on another domain, it was stolen and republished in violation of international copyright and trademark legislation. The legal version of this story can be viewed at https://sportsperspectives.com/2017/05/19/favorable-press-coverage-somewhat-likely-to-affect-banco-santander-chile-bsac-stock-price.html.

Banco Santander-Chile Company Profile

Banco Santander-Chile (the Bank), formerly Banco Santander Chile, is a Chilean bank. The Bank’s segments include Retail banking, Middle-market, Global Corporate Banking and Corporate Activities (Other). The Retail Banking segment consists of individuals and small to middle-sized entities (SMEs). The Middle-market segment serves companies and large corporations.

5 Day Chart for NASDAQ:BSAC

Receive News & Ratings for Banco Santander-Chile Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Banco Santander-Chile and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply