Prosus N.V. Sponsored ADR (OTCMKTS:PROSY) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Prosus N.V. Sponsored ADR (OTCMKTS:PROSY) have been assigned an average recommendation of “Moderate Buy” from the seven brokerages that are covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $11.10.

PROSY has been the topic of several research reports. Morgan Stanley restated an “overweight” rating on shares of Prosus in a research note on Tuesday, June 30th. The Goldman Sachs Group initiated coverage on shares of Prosus in a research note on Thursday, June 4th. They set a “neutral” rating for the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Prosus in a report on Thursday. Finally, Zacks Research raised shares of Prosus from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 19th.

Prosus Trading Up 0.5%

OTCMKTS:PROSY opened at $8.37 on Friday. Prosus has a 52-week low of $8.30 and a 52-week high of $14.70. The stock has a 50-day simple moving average of $8.98 and a 200 day simple moving average of $9.93.

Prosus Company Profile

Prosus is a global consumer internet group and investment company that focuses on creating and scaling technology businesses across classifieds, food delivery, payments and fintech, education, and e‑commerce. Formed as a publicly listed entity in 2019 out of the broader Naspers organization, Prosus combines operating platforms with long‑term strategic equity investments in digital companies, seeking to capture growth in online consumer services and financial technology.

The company’s portfolio includes a mix of majority‑owned operating businesses and minority stakes in high‑growth internet companies.