South Africa’s Absa Faces Deeper Slide as Analysts Turn Cautious

A selloff in Absa Group Ltd. shares may have further to run as the South African lender’s disappointing earnings guidance causes once-bullish analysts to turn cautious on the stock. A selloff in Absa Group Ltd. shares may have further to run as the South African lender’s disappointing earnings guidance causes once-bullish analysts to turn cautious on the stock.