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Nedbank Group Ltd (NDBKF) delivers DHEPS growth ahead of expectations, with robust non-interest revenue and improved cost-to-income ratio, despite a higher credit loss ratio.
Nedbank Group’s updated analyst fair value has shifted from ZAR293.64 to about ZAR310.61, putting a fresh price target in focus for investors tracking the name. This change sits alongside a mix of bullish and bearish commentary, ranging from a Neutral call at a major global house to concerns that recent research does not fully support a strongly positive skew. In the sections that follow, you will see how this evolving narrative could shape the way you think about Nedbank Group’s potential...
Nedbank Group Ltd (NDBKY) reports a robust balance sheet and strategic acquisitions, despite facing margin pressures and a significant drop in basic earnings per share.
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