Naspers (OTCMKTS:NPSNY – Get Free Report) was downgraded by equities researchers at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued to clients and investors on Tuesday, Zacks reports.
Several other equities analysts have also recently commented on the stock. The Goldman Sachs Group assumed coverage on shares of Naspers in a research note on Thursday, June 4th. They set a “neutral” rating for the company. Barclays restated an “overweight” rating on shares of Naspers in a research report on Monday, August 17th. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Naspers has an average rating of “Hold”.
Check Out Our Latest Analysis on Naspers
Naspers Price Performance
About Naspers
Naspers Limited is a South African global consumer-internet and technology investment group. Founded in 1915 as Nasionale Pers, the company began as a publishing business before expanding into pay television, digital media and internet-related investments. Today, Naspers focuses primarily on building and investing in technology businesses that serve consumers in emerging and developed markets.
Naspers’ principal international technology interests are held through Prosus N.V., its separately listed global consumer-internet group.
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