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Banco Santander ( (ES:SAN) ) just unveiled an update.
Fitch Ratings has upgraded Banco Santander’s Long Term Issuer Default Rating from ‘A-‘ to ‘A’, with a stable outlook. This upgrade reflects a strengthening in Santander’s financial stability and positions it favorably in comparison to the Spanish sovereign rating, potentially enhancing investor confidence and stakeholder value.
More about Banco Santander
Banco Santander, S.A. is a leading global financial institution that provides a wide range of banking and financial services, primarily focusing on retail and commercial banking. The bank is headquartered in Spain and operates with a strong market presence across Europe, Latin America, North America, and Asia.
YTD Price Performance: 26.69%
Average Trading Volume: 7,341,633
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £69.02B
Find detailed analytics on SAN stock on TipRanks’ Stock Analysis page.