Shares of Nedbank Group Ltd. (OTCMKTS:NDBKY) were down 0.5% on Friday . The company traded as low as $14.58 and last traded at $14.59, approximately 558 shares were traded during mid-day trading. A decline of 97% from the average daily volume of 19,541 shares. The stock had previously closed at $14.66.
A number of research analysts recently weighed in on NDBKY shares. Goldman Sachs Group upgraded shares of Nedbank Group from a “neutral” rating to a “buy” rating in a report on Friday, May 31st. JPMorgan Chase & Co. upgraded shares of Nedbank Group from an “underweight” rating to a “neutral” rating in a report on Friday, July 12th.
The business’s 50 day moving average is $16.44 and its 200-day moving average is $18.09.
Nedbank Group Limited, through its subsidiary, Nedbank Limited, provides various wholesale and retail banking services in South Africa and internationally. It offers personal banking solutions, including savings deposits and investment accounts; home and personal loans, student loans, vehicle finance products, private wealth finance solutions, overdrafts, and credit cards; and investment plans and services, financial and estate planning services, and wills and trust services, as well as professional banking, wealth management, non-resident and embassy banking, insurance, stock broking, and foreign exchange services.
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