Report
EUR 12.81 For Business Accounts Only

Thanks to a better fundamental star rating, ABSA GROUP sees an upgrade to Neutral

The independent financial analyst theScreener just awarded an improved star rating to ABSA GROUP (ZA), active in the Money Center Banks industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 4 out of 4 possible stars. With regard to its market behaviour, it remains unchanged and can be qualified as risky. theScreener considers that these elements allow slightly upgrading its rating to Neutral. As of the analysis date September 18, 2020, the closing price was ZAR 85.58 and its expected value was estimated at ZAR 83.66.
Underlying
Absa Group Limited

Barclays Africa Group is engaged in provision of personal and business banking, credit cards, corporate and investment banking, wealth and investment management as well as bancassurance. Co. operates in three business segments; Retail and Business Banking (RBB) delivers targeted solutions to individuals and small businesses; Corporate, Investment Bank and Wealth operates a global model, leveraging their offerings, tapping into global expertise to provide comprehensive solutions across borders; and Financial Services cluster enhances the RBB customer and client value proposition with financial solutions.

Provider
TheScreener
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