Banco Santander, S.A. (NYSE:SAN) is identified as one of the most profitable financial stocks to invest in. On January 13, Kepler Cheuvreux upgraded SAN to Buy from Hold, raising the price target to EUR12.40. The firm predicts a 20% RoTE for the company by 2029, factoring in technology’s impact, previously underestimated.

Kepler Cheuvreux forecasts EUR12.4 billion in share buybacks for the 2025-26 financial period, exceeding the bank’s initial target by 25%. This adjustment addresses the gap between the earlier price target and the stock’s price, supporting the investment case for Banco Santander, S.A. (NYSE:SAN).

Banco Santander, S.A. (NYSE:SAN) is a consensus Buy stock, with 82% of analysts bullish. The 1-year median price target suggests a 4.01% upside, with the highest and lowest estimates indicating 17.28% upside and 20.73% downside, respectively. The company, headquartered in Madrid, Spain, provides a wide range of financial products and services through various segments.

While Banco Santander, S.A. (NYSE:SAN) offers investment potential, other AI stocks may present greater upside potential with lower downside risk. Investors seeking undervalued AI stocks can explore opportunities beyond SAN. Additionally, factors like Trump-era tariffs and the onshoring trend may impact investment decisions in this sector.

Read more at Yahoo Finance: Banco Santander, S.A. (SAN) Upgraded as Kepler Revamps Valuation Methodology