BME:SANBanks
Assessing Banco Santander (BME:SAN) Valuation After Fitch’s Credit Rating Upgrade
Banco Santander (BME:SAN) is back in focus after Fitch Ratings raised the group’s long-term credit score to A+ with a stable outlook, along with upgrades across several key subsidiaries.
See our latest analysis for Banco Santander.
The Fitch upgrade lands after a strong run for Banco Santander’s investors, with a 1-year total shareholder return of 52.05% and a very large 5-year total shareholder return of 261.32%. Shorter term share price moves have recently been more muted.
If this rating...