Absa Group (AGRPY) Projected to Announce Earnings on Tuesday

Absa Group (OTCMKTS:AGRPY) is projected to post its resultson Tuesday, August 18th. Analysts expect the company to post earnings of $1.80 per share and revenue of $3.5101 billion for the quarter.

Absa Group Stock Performance

Shares of Absa Group stock opened at $27.29 on Tuesday. The stock’s 50-day simple moving average is $27.75 and its 200-day simple moving average is $29.15. Absa Group has a 52 week low of $19.79 and a 52 week high of $33.99.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised Absa Group to a “hold” rating in a research note on Friday, April 24th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, Absa Group presently has an average rating of “Moderate Buy”.

About Absa Group

Absa Group Limited is a South African-based financial services conglomerate headquartered in Johannesburg. The company offers a broad range of banking and financial products and services, including personal and business banking, corporate and investment banking, credit cards, wealth management and insurance solutions. Through its integrated platform, Absa delivers digital and branch-based services aimed at meeting the diverse needs of individual consumers, small- to medium-sized enterprises and large corporate clients.

In its retail banking division, Absa provides everyday banking services such as transactional accounts, home and vehicle finance, personal loans and savings products.