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

Shares of Prosus N.V. Sponsored ADR (OTCMKTS:PROSY) have been given a consensus recommendation of “Moderate Buy” by the six brokerages that are covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $11.10.

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

Prosus Stock Performance

Shares of OTCMKTS PROSY opened at $8.37 on Monday. The business has a 50-day moving average of $8.13 and a 200-day moving average of $9.24. Prosus has a fifty-two week low of $7.51 and a fifty-two week high of $14.70.

Prosus Company Profile

Prosus is a global consumer internet group that operates and invests in technology businesses. Its activities span online marketplaces and classifieds, food delivery, payments and fintech, and other digital services. Its portfolio includes businesses serving consumers and merchants across a range of markets.

The company has operations and investments across Europe, Asia, Latin America and Africa. Prosus was formed from the international internet assets of South African group Naspers and became a separately listed company in 2019.