In a report released today, Lisa Yang from Goldman Sachs maintained a Buy rating on Prosus (PROSF – Research Report), with a price target of €48.90. The company’s shares closed yesterday at $39.69.
According to TipRanks, Yang is a 5-star analyst with an average return of 8.6% and a 61.49% success rate.
In addition to Goldman Sachs, Prosus also received a Buy from UBS’s Joseph Barnet-Lamb in a report issued on May 6. However, on May 8, Jefferies maintained a Hold rating on Prosus (Other OTC: PROSF).
PROSF market cap is currently $101.4B and has a P/E ratio of 10.33.
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Prosus (PROSF) Company Description:
Prosus NV is a consumer internet group operating across a variety of platforms and geographies. The group’s businesses primarily operate in China, India, Russia, Central and Eastern Europe, North America, Latin America, Southeast Asia, the Middle East and Africa. The group’s businesses and investments are organised around the following segments: Ecommerce, which comprises its interests in Classifieds, Payments and Fintech, Food Delivery, Etail, Travel and other Ecommerce, Social and Internet Platforms, which comprises its interests in Tencent and Mail.ru Group and Corporate which relates to group-level corporate services and treasury function.
