Absa Group (AGRPY) Projected to Release Earnings on Tuesday

Absa Group (OTCMKTS:AGRPY) will likely be releasing its resultson Tuesday, August 18th. Analysts expect Absa Group to announce earnings of $1.80 per share and revenue of $3.5101 billion for the quarter.

Absa Group Stock Performance

AGRPY opened at $27.29 on Tuesday. The firm’s 50 day simple moving average is $27.75 and its two-hundred day simple moving average is $29.15. Absa Group has a 1-year low of $19.79 and a 1-year high of $33.99.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded 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 stock. According to MarketBeat, the company has an average rating of “Moderate Buy”.

Absa Group Company Profile

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.