Based on the provided data and recent market developments, here's a comprehensive analysis of SAN stock:
Technical Analysis
The stock is showing bullish momentum with strong technical indicators:
- RSI-14 at 71.33 indicates overbought conditions but still has room to run
- MACD is positive with bullish crossover (MACD: 0.31, Signal: 0.28)
- Stock trading above all major moving averages (SMA 5,10,20,60,200)
- Bollinger Band Position at 0.69 suggests continued upward momentum
Recent Price Targets & Analyst Updates
Multiple analysts have recently raised their price targets:
- RBC Capital: €5.90 (from €5.20)
- JPMorgan: €6.60 (from €5.80)
- Morgan Stanley: €6.50 (from €5.90)
- Citi: €6.60 (from €5.70)
Valuation Metrics
The stock appears reasonably valued:
- P/E: 4.92x
- P/B: 0.51x
- P/S: 0.90x
- Dividend Yield: 3.78%
Recommendation
SELL for the following reasons:
- Technical indicators suggest overbought conditions
- Pre-market showing +2.49% gain already, suggesting potential profit-taking opportunity
- While analyst sentiment is positive, much of the upside may already be priced in
- Current price of $6.18 is approaching multiple analysts' revised targets