|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||11.60 - 11.74|
|52 Week Range||5.19 - 13.08|
|Beta (5Y Monthly)||1.31|
|PE Ratio (TTM)||11.57|
|Forward Dividend & Yield||0.29 (2.54%)|
|Ex-Dividend Date||Sep 16, 2021|
|1y Target Est||N/A|
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Nedbank Private Wealth LimitedGlobal Credit Research - 30 Apr 2021London, 30 April 2021 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Nedbank Private Wealth Limited and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review discussion held on 28 April 2021 in which Moody's reassessed 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. Since 1 January 2019, Moody's practice has been to issue a press release following each periodic review to announce its completion.This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Moody's Investors Service ("Moody's") has today downgraded to Ba2 from Ba1 the long-term local and foreign currency deposit ratings of the five largest South African banks: The Standard Bank of South Africa Limited (SBSA), FirstRand Bank Limited (FRB), ABSA Bank Limited (ABSA), Nedbank Limited (Nedbank) and Investec Bank Ltd. (IBL). The rating agency has also downgraded to Ba3 from Ba2 the long-term issuer ratings of two South African holding companies: Standard Bank Group Limited (SBG) and Absa Group Limited.