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Santander To Remain At Current Levels, Vetr Crowd Says

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Shares of Santander Consumer USA Holdings Inc (NYSE: SC) have lost 30 percent of value year-to-date, and more than 11.8 percent in September alone. This, the Vetr crowd seems to believe, has put a cap on the room for downside.

On Friday, the Vetr community decided to upgrade its rating on shares of Santander Consumer USA Holdings, from 2.5 Stars (Sell) to 3.0 Stars (Hold), out of a possible five-star rating.

Related Link: Here's How Crowdsourced Ratings Can Beat The Market

The new rating better reflects the crowd’s average price target of $11.09, which implies a potential return of roughly 0.45 percent.

It should be noted that, while the crowd doesn’t see the stock going much higher, 75 percent of their ratings are bullish at the time.

Latest Ratings for SC

DateFirmActionFromTo
Jan 2019JP MorganDowngradesNeutralUnderweight
Nov 2018BMO CapitalMaintainsOutperformOutperform
Jul 2018UBSMaintainsBuyBuy

View More Analyst Ratings for SC
View the Latest Analyst Ratings

Posted-In: VetrUpgrades Price Target Crowdsourcing Analyst Ratings General

 

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