Credit Suisse Believes Santander Consumer USA (SC) Still Has Room to Grow


In a report released yesterday, Moshe Orenbuch from Credit Suisse maintained a Buy rating on Santander Consumer USA (NYSE: SC), with a price target of $26. The company’s shares closed yesterday at $21.21, close to its 52-week high of $21.81.

According to TipRanks.com, Orenbuch is a 5-star analyst with an average return of 13.9% and a 77.2% success rate. Orenbuch covers the Financial sector, focusing on stocks such as Curo Group Holdings Corp, Capital One Financial, and American Express.

Santander Consumer USA has an analyst consensus of Moderate Buy, with a price target consensus of $24.69.

See today’s analyst top recommended stocks >>

Santander Consumer USA’s market cap is currently $7.77B and has a P/E ratio of 5.66. The company has a Price to Book ratio of 1.09.

Based on the recent corporate insider activity of 29 insiders, corporate insider sentiment is negative on the stock. Last month, Richard Morrin, the President of SC sold 85,256 shares for a total of $1,661,628.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Santander Consumer USA Holdings, Inc. engages in the provision of consumer financing services. It offers retail installment contracts, vehicle leases, dealer loans, financial products, and services related to motorcycles, recreational vehicles, and marine vehicles. The company was founded in July 2013 and is headquartered in Dallas, TX.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts