Prosus N.V. Sponsored ADR (OTCMKTS:PROSY) Stock Has Average Target Price of $11.10

Shares of Prosus N.V. Sponsored ADR (OTCMKTS:PROSY) have received an average rating of “Moderate Buy” from the six ratings firms that are covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $11.10.

Several equities analysts have recently weighed in on the company. Morgan Stanley restated an “overweight” rating on shares of Prosus in a report on Tuesday, June 30th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Prosus in a research note on Thursday, July 23rd.

Prosus Stock Performance

Shares of OTCMKTS:PROSY opened at $8.12 on Thursday. Prosus has a twelve month low of $7.79 and a twelve month high of $14.70. The business has a fifty day moving average of $8.60 and a 200-day moving average of $9.01.

Prosus Company Profile

Prosus N.V. is a global consumer-internet and technology investment group headquartered in the Netherlands. The company develops, operates and invests in businesses serving consumers and merchants through digital platforms, with activities spanning food delivery, online classifieds, fintech, education technology and other internet services.

Its portfolio has included businesses such as iFood, a food-delivery platform in Latin America; OLX, an online classifieds marketplace operating across multiple international markets; and PayU, a digital payments and financial-services platform.