JP Morgan sets EUR 12.60 target for Banco Santander stock
Published on 10/13/2026 at 14:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
JP Morgan resumed coverage of Banco Santander with a neutral rating and a EUR 12.60 price target on October 5, 2026, according to Yahoo Finanzas. Against the EUR 12.30 Lang & Schwarz price, that target stands 2.44 percent higher. The share was trading at EUR 12.30 at Lang & Schwarz on October 13, 2026 at 2:32 p.m. CEST, plus 0.18 percent versus the Xetra close of October 12, 2026 at EUR 12.28.
Results date is October 28
Santander's next scheduled corporate milestone is its nine-month 2026 financial results presentation on October 28, 2026, according to the bank's investor-relations calendar at Santander. The date gives the market a defined checkpoint for testing the bank's earnings trajectory after the first half of 2026.
Stock stays below its yearly high
The EUR 12.30 quote sits 6.25 percent below the 52-week high of EUR 13.12 and 51.85 percent above the 52-week low of EUR 8.10. Both range points are dated October 12, 2026, while the latest reported BME trading volume for that session was 13.26 million shares.
Lang & Schwarz showed a EUR 12.30 bid and a EUR 12.30 ask at 2:32 p.m. CEST. The narrow displayed spread places the current indication directly at the quoted midpoint, while the small 0.18 percent premium to the October 12 Xetra close keeps the daily move measured.
Valuation and peer comparison
Banco Santander had a market capitalization of EUR 178.4 billion, a price-to-earnings ratio of 10.93 and a dividend yield of 2.19 percent as of October 12, 2026. The figures put the stock's valuation in a clear comparison frame against two large Spanish banking peers.
Comparison with peers
Banco Santander: plus 0.18 percent, P/E 10.93, market capitalization EUR 178.4 billion
Banco Bilbao Vizcaya Argentaria (BME, EUR): minus 1.27 percent, P/E 12.04, market capitalization EUR 128.4 billion
CaixaBank (BME, EUR): minus 0.08 percent, P/E 13.57, market capitalization EUR 83.1 billion
Price remains above the Xetra close
Banco Santander was trading at EUR 12.30 at Lang & Schwarz on October 13, 2026 at 2:32 p.m. CEST, plus 0.18 percent versus the Xetra close of October 12, 2026 at EUR 12.28. The stock remains 6.25 percent below its 52-week high of EUR 13.12.
The further course of trading is shown by the continuously updated real-time quote of Banco Santander stock.
Banco Santander stock data
- Company: Banco Santander, S.A.
- ISIN: ES0113900J37
- WKN: 858872
- Ticker: SAN
- Primary exchange: BME
- Price Lang & Schwarz (as of October 13, 2026, 2:32 p.m. CEST): EUR 12.30
- Change versus Xetra close: plus 0.18 percent
- Xetra close (October 12, 2026): EUR 12.28
- Market capitalization: EUR 178.4 billion (as of October 12, 2026)
- 52-week range: EUR 8.10-13.12 (as of October 12, 2026)
- Sector / Industry: Financial Services / Banks - Diversified
- Index membership: IBEX 35
- Next earnings date: October 28, 2026
Market context: Market report IBEX 35.
