Banco Santander stock: JPMorgan lifts target from EUR 12.60 to EUR 12.90

Published on 10/16/2026 at 16:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nine-month results are due on October 28, 2026. Banco Santander stock costs EUR 12.04 on October 16, 2026, 0.73 percent below the Xetra close.

Target and trading position

On October 15, 2026, JPMorgan lifted its target for Santander to EUR 12.90 from EUR 12.60.
Nine-month results are scheduled for October 28, 2026.
Banco Santander stock costs EUR 12.04 at Lang & Schwarz on October 16, 2026 at 4:09 p.m. CEST, 0.73 percent below the Xetra close of October 15, 2026.
Banco Santander had a market capitalization of EUR 175.6 billion and a price-to-earnings ratio of 11.07 on October 16, 2026.

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JPMorgan raised its price target for Banco Santander from EUR 12.60 to EUR 12.90 on October 15, 2026, while keeping a neutral rating, according to Yahoo Finance. The new target is 7.14 percent above the Lang & Schwarz price of EUR 12.04. At Lang & Schwarz, Banco Santander stock was trading at EUR 12.04 on October 16, 2026 at 4:09 p.m. CEST, minus 0.73 percent versus the Xetra close of October 15, 2026 at EUR 12.13.

Target leaves measured upside

JPMorgan's target implies a 7.14 percent distance above the euro price. Its neutral stance therefore combines a higher valuation point with a cautious assessment of the shares, rather than a fresh bullish recommendation.

The next scheduled corporate date is October 28, 2026, when Santander is due to present its nine-month 2026 financial results. The investor-relations calendar also lists October 28 as the last day to trade shares with a right to receive the interim cash dividend and November 2, 2026 as the payment date, according to Santander.

Stock position on October 16

The share price sits within a 52-week range of EUR 8.10 to EUR 13.12. At EUR 12.04, it is 8.23 percent below the high and 48.64 percent above the low. The year-to-date performance is 18.32 percent, while the market capitalization is EUR 175.6 billion.

The price-to-earnings ratio is 11.07 and the dividend yield is 2.00 percent as of October 16, 2026. The current quote is below JPMorgan's EUR 12.90 target, but the target itself is not a forecast by this article.

Comparison with peers

Banco Santander: minus 0.73 percent, price-to-earnings ratio 11.07, market capitalization EUR 175.6 billion

Banco Bilbao Vizcaya Argentaria (BME, EUR): plus 0.87 percent, price-to-earnings ratio 12.05, market capitalization EUR 127.8 billion

BNP Paribas (Euronext Paris, EUR): plus 0.61 percent, price-to-earnings ratio 7.74, market capitalization EUR 98.1 billion

Trading remains below the yearly high

The current euro quote is 8.23 percent below the 52-week high and 0.73 percent below the Xetra close of October 15, 2026. The next dated catalyst is the October 28 results presentation.

The further course of trading is shown by the continuously updated real-time quote of Banco Santander stock.