|Over a quarter ago|
Standard Bank upgraded to Buy from Neutral at Citi » 06:0103/2903/29/22
Citi analyst Simon Nellis…
Citi analyst Simon Nellis upgraded Standard Bank to Buy from Neutral with a price target of ZAR 205, up from ZAR 135. The analyst expects continued improvement in profitability for the company, supported by net interest margin expansion, growth in non-interest revenue and moderate cost growth.