Prosus N.V. Sponsored ADR (OTCMKTS:PROSY) Stock Rated “Moderate Buy” by Sell-Side Brokerages

Prosus N.V. Sponsored ADR (OTCMKTS:PROSY) has been assigned an average rating of “Moderate Buy” from the six analysts that are covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, one has given a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $11.10.

A number of equities analysts have issued reports on PROSY shares. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Prosus in a report on Thursday, July 23rd. Morgan Stanley reaffirmed an “overweight” rating on shares of Prosus in a research report on Tuesday, June 30th. Finally, Zacks Research lowered shares of Prosus from a “hold” rating to a “strong sell” rating in a research note on Monday.

Prosus Stock Performance

OTCMKTS PROSY opened at $7.85 on Thursday. Prosus has a twelve month low of $7.79 and a twelve month high of $14.70. The stock’s 50 day moving average is $8.50 and its 200 day moving average is $8.97.

Prosus Company Profile

Prosus N.V. is a global consumer-internet and technology investment group headquartered in the Netherlands. The company develops, operates and invests in businesses serving consumers and merchants through digital platforms, with activities spanning food delivery, online classifieds, fintech, education technology and other internet services.

Its portfolio has included businesses such as iFood, a food-delivery platform in Latin America; OLX, an online classifieds marketplace operating across multiple international markets; and PayU, a digital payments and financial-services platform.