|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||23.39 - 24.35|
|52 Week Range||14.18 - 24.70|
|Beta (5Y Monthly)||0.90|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.39 (1.63%)|
|Ex-Dividend Date||Mar 25, 2021|
|1y Target Est||28.27|
Moody's Investors Service ("Moody's") has today downgraded to Ba3 from Ba2 the Global Scale Rating (GSR) long-term issuer rating of Bidvest Bank Limited (Bidvest Bank). Moody's has also downgraded the Baseline Credit Assessment (BCA) of Bidvest Bank to b1 from ba3.
Dubai, December 01, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of The Bidvest Group Limited and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's assessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers, which was followed by a rating committee.
Dubai, November 26, 2020 -- Moody's Investors Service ("Moody's") has today taken rating actions on 12 South African corporates. The rating actions follow Moody's decision on 20 November to downgrade South Africa's government issuer rating to Ba2 from Ba1 while maintaining a negative outlook. Details of the South Africa sovereign rating action can be found here: Moody's downgrades South Africa's ratings to Ba2, maintains negative outlook; https://www.moodys.com/research/--PR_436182.