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Banco Santiago, S.a. (BSAC) [hlAlert]

Rating:
Sell BSAC
up 9,741.05 %

Banco Santiago, S.a. (BSAC) rated Sell by Citigroup

Posted on: Friday,  Oct 12, 2012  8:25 AM ET by Citigroup

Citigroup rated Sell Banco Santiago, S.a. (NYSE: BSAC) on 10/12/2012, when the stock price was $1826.50. Since
then, Banco Santiago, S.a. has lost 98.98% as of 12/29/2015's recent price of $18.56.
If you would have followed this Citigroup's recommendation on BSAC, you would have gained 9741.05% of your investment in 1173 days.

Banco Santiago is the largest bank in Chile, in terms of assets with Ch$4,088 billion (approximately US$9.86 billion ) as of March 31, 1997. The bank is the result of the merger of two of the largest institutions in the Chilean banking system, Banco O'Higgins S.A., mainly a corporate bank, and Banco de Santiago S.A., mainly focused in consumer and middle-market lending.

Citi Investment Research is a highly respected research unit and is comprised of 390 research analysts across 22 countries. Citi Investment Research covers 3,100 companies, representing 90 percent of the market capitalization of the major global indices, and provides macro and quantitative analysis of global markets and sector trends. Combined with Citi's exceptional sales and trading capabilities and Smith Barney's financial consultants, the core focus of the group is to help investing clients make informed decisions by providing value-added, independent, insightful analysis.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/12/2012 8:25 AM Sell
None
1,826.50
as of 12/31/2012
1 Week down  -0.46 %
1 Month down  -4.86 %
3 Months up  98.45 %
1 YTD up  98.45 %

(*) Stock Price at the time of the recommendation.
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