Bank of America downgraded shares of Santander Consumer UNITED STATE Holdings (NYSE: SC) from a buy rating to a neutral rating in a report issued on Wednesday. They presently have $19.00 target price on the stock, down from their previous target price of $24.00.

Bank of America has actually also taken action a variety of other stocks recently. The company initiated coverage on shares of T-Mobile United States Inc. They provided an underperform rating on that stock as well as set a $25.00 price target. Additionally, Bank of America upgraded shares of Legacy Reserves LP from a neutral rating to a buy rating. Finally, Bank of America updated shares of Mercadolibre Inc from an underperform score to a buy rating. Bank of America now has a $150.00 price target on that stock, up recently from $77.00.

A number of various other firms have also recently commented on SC. Analysts at Morgan Stanley reiterated an overweight rating on shares of Santander Consumer USA Holdings in a research note on Wednesday. They now have a $28.00 price target on the stock, down recently from $30.00. Separately, analysts at Wells Fargo & Co. downgraded shares of Santander Consumer USA Holdings from an outperform rating to a market perform rating in a research note on Wednesday. Finally, analysts at Stephens initiated coverage on shares of Santander Customer U.S.A Holdings in a research note on Wednesday, October first. They established an overweight rating on the stock. Six experts have actually rated the stock with a hold ranking and 10 have given a buy rating to the company’s stock. The stock presently has an average rating of Buy & a typical cost target of $24.15.

Santander Customer USA Holdings opened at 17.29 on Wednesday. Santander Customer USA Holdings has a 52-week low of $16.82 and a 52-week high of $26.50. The stock has a 50-day relocating standard of $17.95 & a 200-day moving standard of $19.43. The company has a market cap of $6.033 billion & a P/E ratio of 11.02.

Santander Customer UNITED STATE Holdings last posted its quarterly earnings results on Tuesday, November Fourth. The company reported $0.54 EPS for the quarter, missing out on the Thomson Reuters consensus estimate of $0.60 by $0.06. Analysts expect that Santander Customer USA Holdings will post $2.32 EPS for the current fiscal year.

Santander Customer USA Holdings Inc is a full-service, consumer financing company focused on motor vehicle financing and also unsecured customer loaning products.