Risk factor
Good trading liquidity
Profitability factor
Undervalued vs peers
About
FirstRand Limited operates as a diversified financial services group, delivering a comprehensive suite of banking, transactional, lending, insurance, and investment solutions. The company's operations span South Africa, the broader African continent, the United Kingdom, other European nations, North America, and Asia. Its extensive portfolio includes deposit accounts and savings instruments, personal credit facilities, asset and invoice financing, alongside commercial, residential, and buy-to-let mortgage options specifically for small and medium-sized enterprises (SMEs). FirstRand also provides life and short-term insurance policies, card payment processing services, vehicle financing, installment credit, and fleet management solutions. Furthermore, the group offers sophisticated corporate and investment banking expertise, asset management, and specialized vehicle-related insurance. The company caters to a broad clientele, encompassing individual consumers, commercial enterprises, large corporations, and public sector organizations, including small businesses, agricultural firms, medium-sized corporate accounts, parastatal bodies, and governmental institutions. Established in 1998, FirstRand Limited maintains its headquarters in Sandton, South Africa.
Company Valuation
From both historical and forecast perspectives, the stock is underpriced compared to similar stocks. Specifically, the stock is 'cheap' on P/E. Editor's note: P/CR is P
Target Price
The average target price of FSR.JO is 10760 and suggests 17% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to inc