Trim price targets on shares of English banks as the British bank HSBC [ information finanzas.com ]:
English banks back to the stark reality of the market. HSBC has lowered suddenly recommendations Santander, BBVA , Sabadell and Popular. Regarding the former, the English broker has cut its board from overweight to neutral, while with the Bilbao-based organization has been tougher and has been reduced to underweight from overweight. The new target price for Santander is of 7.3 euros from the previous 13.4, while BBVA it has been trimmed to 7.4 from the 16 above. HSBC has also lowered its price target Sabadell 6.5 to 4.4 euros, and the People, from 6.8 to 5.8 euros per share.
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