![Banco Santander downgraded to Sell from Hold at Societe Generale Banco Santander downgraded to Sell from Hold at Societe Generale](https://c.mql5.com/6/720/splash-663555.png)
Banco Santander downgraded to Sell from Hold at Societe Generale
18 March 2016, 11:24
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Societe Generale downgraded Banco Santander to Sell saying decreasing profitability in key markets puts the company's fully-loaded Core Tier 1 ratio target at risk.
The firm cut its price target for the shares to EUR 4.0 from EUR 4.2.
*Société Générale S.A. is a French multinational banking and financial services company headquartered in Paris. The company is a universal bank and has divisions supporting French Networks, Global Transaction Banking, International Retail Banking, Financial services, Corporate and Investment Banking, Private Banking, Asset Management and Securities Services.
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