NEDBANK south Africa chartThe chart herein shows how the NEDBank stock analysis.....
I expect the stock to keep rising to the top. I will thereafter relook at the chart once we hit the top.
Kindly also check teir financials from website
Good luck
Next report date
—
Report period
—
EPS estimate
—
Revenue estimate
—
36 ZAR
16.99 B ZAR
161.14 B ZAR
445.70 M
About NEDBANK GROUP LTD
Sector
Industry
CEO
Jason Patrick Quinn
Website
Headquarters
Sandton
Founded
1831
ISIN
ZAE000004875
FIGI
BBG000BFSBW3
Nedbank Group Ltd. is a bank holding company, which engages in the provision of financial services through its banking subsidiary, Nedbank Ltd. It operates through the following business segments: Corporate and Investment Banking, Retail and Business Banking, Wealth, Centre, and Africa Regions. The Corporate and Investment Banking segment offers a spectrum of transactional, corporate, investment banking, and market solutions. The Retail and Business Banking segment includes banking assurance products and services, as well as transactional accounts, home loans, vehicle and asset finance, cards, personal loans, and investments. The Wealth segment provides a range of financial services through three divisions of wealth management, asset management, and insurance. The Centre segment consists of various support services. The Africa Regions segment is responsible for the group's banking operations and expansion activities on the rest of the African continent and has client-facing subsidiaries in Eswatini, Lesotho, Namibia, Mozambique, and Zimbabwe. The company was founded in 1831 and is headquartered in Sandton, South Africa.
Our opinion on the current state of NEDBANK(NED)Nedbank (NED) is the smallest of South Africa's five big banks with a client base of just over 8 million. It has (10-10-18) separated from Old Mutual (which is busy selling its remaining stake). In its results for the year to 31st December 2023, the company reported revenue up 11% and headline earni
$JSENED - Nedbank: The BreakoutSee link below for previous analysis.
Nedbank has finally broken out of a two year consolidation-continuation pattern.
The stock looks set to have its second consecutive weekly close above the resistance line.
The breakout has been on average volume but is valid nonetheless.
I will maintain a bull
Our opinion on the current state of NEDNedbank, recognized as the smallest of South Africa's five major banking institutions, boasts a client base exceeding 8 million individuals. Following its separation from Old Mutual on 10th October 2018, which included the latter selling its remaining stake, Nedbank has continued to carve out a dist
$JSENED - Nedbank: Still Consolidating SidewaysSee link below for previous update.
Nothing much has changed, price still contained in what looks like a contracting triangle.
I remain neutral as to the direction of the breakout so I will sit on my hands for now.
NEDBANK - Great performance!The stock has continued to fetch prices since the R195 major support (double bottom) posted in the idea below. We at the top of a channel and major resistance just above at R236. As always, price action will be key to see if the momentum is likely to continue.
NEDNedbank Group Ltd (NED) - Multi-month base with a pivot of 21800c, targeting upside of 23800c (or thereabout). Risk below 20600c.
NEDBANK -- Double Bottom?Price has formed a decent looking double bottom at a key support zone.
We closed above the 20ema daily yesterday so I'll be looking for a continuation today to target
initially R205.50 then R208.50
A daily close below R194 invalidates the idea.
NED MonthlyA chart from today's research. For more research insights, including trade ideas, get in touch today.
Wednesday 25-October-2023, 10h20
Nedbank Group (NED, 19730c). Monthly Chart.
The R200 level is one which I have highlighted in recent months as one to monitor for downside risk. This is a range t
See all ideas
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Curated watchlists where NED is featured.
Diversity stocks: Most diverse & inclusive employers
19 No. of Symbols
See all sparks
Related stocks
Frequently Asked Questions
The current price of NED is 24,079 ZAC — it has increased by 0.30% in the past 24 hours. Watch NEDBANK GROUP LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on JSE exchange NEDBANK GROUP LTD stocks are traded under the ticker NED.
NED stock has risen by 0.97% compared to the previous week, the month change is a −11.02% fall, over the last year NEDBANK GROUP LTD has showed a 9.45% increase.
We've gathered analysts' opinions on NEDBANK GROUP LTD future price: according to them, NED price has a max estimate of 35,221.00 ZAC and a min estimate of 26,400.00 ZAC. Watch NED chart and read a more detailed NEDBANK GROUP LTD stock forecast: see what analysts think of NEDBANK GROUP LTD and suggest that you do with its stocks.
NED stock is 2.04% volatile and has beta coefficient of 1.03. Track NEDBANK GROUP LTD stock price on the chart and check out the list of the most volatile stocks — is NEDBANK GROUP LTD there?
Today NEDBANK GROUP LTD has the market capitalization of 112.03 B, it has increased by 9.81% over the last week.
Yes, you can track NEDBANK GROUP LTD financials in yearly and quarterly reports right on TradingView.
NEDBANK GROUP LTD is going to release the next earnings report on Aug 5, 2025. Keep track of upcoming events with our Earnings Calendar.
NED net income for the last half-year is 9.02 B ZAR, while the previous report showed 7.96 B ZAR of net income which accounts for 13.30% change. Track more NEDBANK GROUP LTD financial stats to get the full picture.
NEDBANK GROUP LTD dividend yield was 7.37% in 2024, and payout ratio reached 57.49%. The year before the numbers were 8.75% and 58.44% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Apr 17, 2025, the company has 28.7 K employees. See our rating of the largest employees — is NEDBANK GROUP LTD on this list?
Like other stocks, NED shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade NEDBANK GROUP LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So NEDBANK GROUP LTD technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating NEDBANK GROUP LTD stock shows the neutral signal. See more of NEDBANK GROUP LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.