Prosus N.V. Sponsored ADR (OTCMKTS:PROSY) Receives $11.10 Average Price Target from Analysts

Shares of Prosus N.V. Sponsored ADR (OTCMKTS:PROSY) have been assigned a consensus rating of “Moderate Buy” from the six research firms that are currently covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $11.10.

A number of research firms have recently commented on PROSY. Morgan Stanley reiterated an “overweight” rating on shares of Prosus in a research report on Tuesday, June 30th. The Goldman Sachs Group assumed coverage on Prosus in a research note on Thursday, June 4th. They set a “neutral” rating on the stock. Finally, Zacks Research raised Prosus from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 19th.

Prosus Trading Up 2.6%

Shares of OTCMKTS:PROSY traded up $0.23 during trading hours on Tuesday, reaching $8.99. The stock had a trading volume of 150,009 shares, compared to its average volume of 1,170,265. Prosus has a 1 year low of $8.36 and a 1 year high of $14.70. The firm’s 50 day moving average is $9.15 and its 200-day moving average is $10.28.

About Prosus

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.