Credit Suisse Believes Santander Consumer USA (SC) Won’t Stop Here


In a report issued on July 2, Moshe Orenbuch from Credit Suisse maintained a Buy rating on Santander Consumer USA (NYSE: SC), with a price target of $24. The company’s shares closed yesterday at $19.42, close to its 52-week high of $20.46.

According to TipRanks.com, Orenbuch is a 5-star analyst with an average return of 13.7% and a 73.5% success rate. Orenbuch covers the Financial sector, focusing on stocks such as Curo Group Holdings Corp, Capital One Financial, and OneMain Holdings Inc.

Currently, the analyst consensus on Santander Consumer USA is a Moderate Buy with an average price target of $23.50, implying a 21.0% upside from current levels. In a report issued on June 29, Janney Montgomery also upgraded the stock to Buy with a $36 price target.

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Santander Consumer USA’s market cap is currently $7.01B and has a P/E ratio of 5.44. The company has a Price to Book ratio of 1.04.

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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.

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