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

Prosus N.V. Sponsored ADR (OTCMKTS:PROSY) has been given an average rating of “Moderate Buy” by the six analysts that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $11.10.

A number of equities research analysts have recently issued reports on the stock. Zacks Research downgraded shares of Prosus from a “hold” rating to a “strong sell” rating in a report on Monday, October 12th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Prosus in a research report on Thursday, July 23rd.

Prosus Stock Performance

Shares of OTCMKTS PROSY opened at $8.37 on Monday. Prosus has a 52 week low of $7.51 and a 52 week high of $14.70. The business has a 50-day simple moving average of $8.13 and a two-hundred day simple moving average of $9.24.

About Prosus

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.