Naspers Ltd. (OTCMKTS:NPSNY – Get Free Report)’s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $9.37, but opened at $8.90. Naspers shares last traded at $8.91, with a volume of 154,639 shares.
Wall Street Analyst Weigh In
Several research firms have issued reports on NPSNY. The Goldman Sachs Group started coverage on Naspers in a report on Thursday, June 4th. They issued a “neutral” rating on the stock. Barclays reissued an “overweight” rating on shares of Naspers in a research note on Monday, August 17th. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold”.
View Our Latest Analysis on NPSNY
Naspers Trading Down 6.5%
About Naspers
Naspers Limited is a South African global consumer-internet and technology investment group. Founded in 1915 as Nasionale Pers, the company began as a publishing business before expanding into pay television, digital media and internet-related investments. Today, Naspers focuses primarily on building and investing in technology businesses that serve consumers in emerging and developed markets.
Naspers’ principal international technology interests are held through Prosus N.V., its separately listed global consumer-internet group.
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