Prosus Expected to Earn FY2024 Earnings of $0.67 Per Share (OTCMKTS:PROSY)

Prosus (OTCMKTS:PROSYGet Rating) – Research analysts at Jefferies Financial Group issued their FY2024 earnings per share estimates for Prosus in a note issued to investors on Monday, May 9th. Jefferies Financial Group analyst S. Patulea forecasts that the company will post earnings per share of $0.67 for the year.

Several other brokerages have also commented on PROSY. The Goldman Sachs Group initiated coverage on shares of Prosus in a report on Thursday, January 20th. They issued a “buy” rating on the stock. Investec downgraded shares of Prosus from a “buy” rating to a “hold” rating in a research report on Friday, February 11th. JPMorgan Chase & Co. dropped their target price on shares of Prosus from €47.00 ($49.47) to €45.40 ($47.79) and set a “neutral” rating on the stock in a research report on Friday, March 25th. Barclays dropped their target price on shares of Prosus from €115.90 ($122.00) to €76.00 ($80.00) and set an “overweight” rating on the stock in a research report on Monday, March 28th. Finally, Morgan Stanley dropped their target price on shares of Prosus from €122.00 ($128.42) to €110.00 ($115.79) in a research report on Thursday, March 24th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, Prosus has an average rating of “Buy” and a consensus price target of $87.08.

PROSY stock opened at $8.49 on Tuesday. The firm has a 50-day simple moving average of $10.50 and a 200-day simple moving average of $14.25. Prosus has a 52 week low of $8.46 and a 52 week high of $21.33.

About Prosus (Get Rating)

Prosus N.V. engages in the e-commerce and internet businesses. It operates internet platforms, such as classifieds, payments and fintech, food delivery, travel, education, etail, health, social, and other internet platforms. It has operations in the Americas, the Middle East, Africa, Central and Eastern Europe, and Asia.

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