Nedbank Group traded at 29,961.00 this Monday August 24th, decreasing 362.00 or 1.19 percent since the previous trading session. Looking back, over the last four weeks, Nedbank lost 9.90 percent. Over the last 12 months, its price rose by 31.74 percent. Looking ahead, we forecast Nedbank Group to be priced at 29,355.70 by the end of this quarter and at 26,635.02 in one year, according to Trading Economics global macro models projections and analysts expectations.
Nedbank Group Limited is a financial services provider. The Company's principal banking subsidiary is Nedbank Limited. The Company provides wholesale and retail banking services, and insurance, asset management and wealth management offerings. The Company's segments include Nedbank Group, Nedbank Corporate and Investment Banking, Nedbank Retail and Business Banking, Nedbank Wealth, Rest of Africa, and Centre. Nedbank Corporate and Investment Banking offers a range of transactional, corporate, investment banking and markets solutions. Nedbank Retail offers a range of banking and assurance products and services. The business banking portfolio offers a range of commercial banking products. Nedbank Wealth provides a range of financial services through approximately three divisions of Wealth Management, Asset Management and Insurance. The Rest of Africa business is responsible for the Company's banking operations and expansion activities in the rest of Africa.