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

Prosus N.V. Sponsored ADR (OTCMKTS:PROSY) has received an average rating of “Moderate Buy” from the six ratings firms that are presently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating on the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $11.10.

PROSY has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Prosus in a research report on Thursday, July 23rd. Zacks Research downgraded shares of Prosus from a “hold” rating to a “strong sell” rating in a research report on Monday, October 12th.

Prosus Stock Performance

Shares of PROSY opened at $8.23 on Monday. The business’s fifty day moving average price is $8.15 and its 200 day moving average price is $9.28. Prosus has a 12-month low of $7.51 and a 12-month high of $14.70.

About Prosus

Prosus N.V. is a global consumer internet group and technology investor headquartered in the Netherlands. It is a subsidiary of Naspers and focuses on building and investing in businesses that serve large consumer markets through digital platforms and online services.

The company’s activities include food delivery, online classifieds, payments and fintech, education technology, and other internet-based services. Its portfolio has included businesses such as iFood, OLX, PayU and other consumer technology platforms, while its investment activities have also included holdings in major global technology companies.

Prosus operates and invests across a range of geographies, including Europe, India, Latin America, Africa and Southeast Asia.