Shares of Prosus N.V. Sponsored ADR (OTCMKTS:PROSY – Get Free Report) have earned a consensus rating of “Moderate Buy” from the six analysts that are covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $11.10.
A number of research firms have commented on PROSY. Morgan Stanley restated an “overweight” rating on shares of Prosus in a report on Tuesday, June 30th. The Goldman Sachs Group began coverage on Prosus in a research report on Thursday, June 4th. They issued a “neutral” rating for the company. Zacks Research upgraded Prosus from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 19th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Prosus in a research note on Thursday, July 23rd.
Check Out Our Latest Stock Report on PROSY
Prosus Trading Up 1.1%
About Prosus
Prosus N.V. is a global consumer internet and technology group headquartered in Amsterdam, the Netherlands. The company develops, operates and invests in technology businesses serving consumers and businesses through digital platforms, with activities spanning online classifieds, food delivery, payments and fintech, education technology, travel and other internet services.
Prosus’s portfolio has included businesses such as OLX, an online classifieds platform, and iFood, a food-delivery service operating in Latin America.
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