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Banco Santander (Brasil) SA(ADR) (BSBR) [hlAlert]

Rating:
Reduce BSBR

Banco Santander (Brasil) SA(ADR) (BSBR) rated Reduce by HSBC Securities

Posted on: Tuesday,  Jan 19, 2016  5:25 PM ET by HSBC Securities

Banco Santander (Brasil) SA(ADR)
(NYSE: BSBR) rated Reduce by HSBC Securities.

Banco Santander SA (the Bank) is a Brazil-based bank integrating the international financial group Banco Santander Espanha. Its main business areas are the retail banking, wholesale banking, asset management and insurance. The Bank also provides crediting, financing, real estate crediting, exchange, insurance and commercial savings services. The Bank directs its products and services to individual clients, small and medium-sized companies, corporations, governmental agencies and institutions. As of December 31, 2009 the Company wholly owned Aymore Credito, Financiamento e Investimento SA, Santander Leasing SA Arrendamento Mercantil SA and Santander SA Corretora de Cambio e Titulos, among others.

HSBC has refined and refocused its Global Equities organisation, creating a lean and flexible business model built to meet the needs of global issuers and investors today and in the future. Acknowledging the changing demands of clients, we have also refined our research model, moving away from traditional maintenance to focus on long term, thematic research (a two-year-plus horizon) combined with short term (zero to three months), real-time, actionable ideas both for companies and sectors.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/19/2016 5:25 PM Sell
None
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

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