NED:JSENedbank Group Analysis
Data as of 2026-09-09 - not real-time
ZAC 30,131.00
Latest Price
4/10Risk
Risk Level: Medium
Executive Summary
At ZAC 30,131.00, Nedbank Group Limited shows a bullish moving-average alignment, with shorter averages sitting above longer ones. The last 30 days have gained 9.6%. Momentum indicators put RSI at 58.0 (neutral) with MACD reading bearish. Price has been bracketed by support at ZAC 28,750.00 and resistance at ZAC 30,796.00.
Multiples put this in fair territory: 15.9 times earnings against the sector's 16.2. Sell-side targets cluster 8.6% above the current quote. Revenue is growing at 4.8% on a 14.3% profit margin. The 7.21% dividend yield looks stretched against payout coverage.
The composite risk read is 4/10, putting it in moderate territory. With 30-day volatility of 26.1%, a beta of 0.16 and a maximum drawdown of 19.7%, position sizing matters here. The wider market backdrop reads extreme greed at 93 on the fear-greed composite.
The horizons diverge: buy near-term but hold on a long view, at 4/10 conviction over the longer horizon.
Multiples put this in fair territory: 15.9 times earnings against the sector's 16.2. Sell-side targets cluster 8.6% above the current quote. Revenue is growing at 4.8% on a 14.3% profit margin. The 7.21% dividend yield looks stretched against payout coverage.
The composite risk read is 4/10, putting it in moderate territory. With 30-day volatility of 26.1%, a beta of 0.16 and a maximum drawdown of 19.7%, position sizing matters here. The wider market backdrop reads extreme greed at 93 on the fear-greed composite.
The horizons diverge: buy near-term but hold on a long view, at 4/10 conviction over the longer horizon.
Top Market Events
Seeking Alpha1monNedbank Group Limited NDBKY Q2 2026 Earnings Call TranscriptGood afternoon, and welcome to Nedbank's...
Market Outlook
Short Term
< 1 yearPositive
Model confidence: 5/10
Key Factors
- Short-term moving averages stacked above long-term ones
- Trading above the 200-day average of 27238.33
- MACD momentum is negative
Medium Term
1–3 yearsPositive
Model confidence: 5/10
Key Factors
- Short-term moving averages stacked above long-term ones
- P/E of 15.9 versus sector average of 16.2
- Dividend yield of 7.21% looks stretched against payout coverage
Long Term
> 3 yearsNeutral
Model confidence: 4/10
Key Factors
- P/E of 15.9 versus sector average of 16.2
- Dividend yield of 7.21% looks stretched against payout coverage
- Analyst targets imply +8.6% versus the current price
Key Metrics & Analysis
Financial Health
Revenue Growth4.80%
Profit Margin14.34%
P/E Ratio15.9
ROE8.03%
ROA0.67%
P/B Ratio1.2
Op. Cash FlowZAC-119966998528
Industry P/E16.2
Technical Analysis
TrendBullish
RSI58.0
SupportZAC 28,750.00
ResistanceZAC 30,796.00
MA 20ZAC 29,776.60
MA 50ZAC 28,393.28
MA 200ZAC 27,238.33
MACDBearish
VolumeDecreasing
Fear & Greed Index93.36
Valuation
Target PriceZAC 32,718.10
Upside/Downside8.59%
GradeFair
TypeValue
Dividend Yield7.21%
Risk Assessment
Beta0.16
Volatility26.12%
Sector RiskMedium
Reg. RiskHigh
Geo RiskHigh
Currency RiskHigh
Liquidity RiskLow
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This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.