Back to top

Image: Bigstock

Banco Santander Mexico (BSMX) Surges: Stock Moves 5.5% Higher

Read MoreHide Full Article

Banco Santander Mexico, S.A., Institucion de Banca Multiple, Grupo Financiero Santander Mexico (BSMX - Free Report) was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $3.09 to $3.44 in the past one-month time frame.

The company has seen no estimate revision in the past month, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Banco Santander Mexico currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

A better-ranked stock in the Banks – Foreign industry is The Toronto-Dominion Bank (TD - Free Report) , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Zacks’ 2020 Election Stock Report:

In addition to the companies you learned about above, we invite you to learn more about profiting from the upcoming presidential election. Trillions of dollars will shift into new market sectors after the votes are tallied, and investors could see significant gains. This report reveals specific stocks that could soar: 6 if Trump wins, 6 if Biden wins.

Check out the 2020 Election Stock Report >>


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Toronto Dominion Bank (The) (TD) - free report >>

Grupo Financiero Santander Mexico S.A. B. de C.V. (BSMX) - free report >>

Published in