Absa Group Ltd traded at 26,843.00 this Friday February 20th, decreasing 152.00 or 0.56 percent since the previous trading session. Looking back, over the last four weeks, Absa lost 9.45 percent. Over the last 12 months, its price rose by 41.82 percent. Looking ahead, we forecast Absa Group Ltd to be priced at 26,126.29 by the end of this quarter and at 24,088.95 in one year, according to Trading Economics global macro models projections and analysts expectations.
Absa Group Limited is a South Africa-based financial services company. The Company provides retail, business, corporate, investment banking, insurance, financial services and wealth management products and services. Its segments include Product Solutions Cluster, Everyday Banking, Relationship Banking, Absa Regional Operations RBB (ARO RBB), and Corporate and Investment Bank. The Product Solutions Cluster segment offers home loans, vehicle and asset finance, non-banking financial service, life insurance, and non-life insurance. The Everyday Banking segment offers personal loans, credit card, and transactional banking and deposits. The Relationship Banking segment offers business banking, commercial asset and property finance, Islamic banking, private wealth banking. The ARO RBB segment offers retail banking, business banking life insurance, and non-life insurance. The Corporate and Investment Bank segment includes corporate and investment bank.