Jefferies Financial Group Weighs in on Prosus’ FY2022 Earnings (OTCMKTS:PROSY)

Prosus (OTCMKTS:PROSYGet Rating) – Stock analysts at Jefferies Financial Group issued their FY2022 earnings per share (EPS) estimates for Prosus in a research note issued to investors on Monday, May 9th. Jefferies Financial Group analyst S. Patulea anticipates that the company will post earnings per share of $0.80 for the year. Jefferies Financial Group also issued estimates for Prosus’ FY2023 earnings at $0.68 EPS.

Other research analysts have also issued research reports about the stock. Barclays dropped their price objective on shares of Prosus from €115.90 ($122.00) to €76.00 ($80.00) and set an “overweight” rating for the company in a report on Monday, March 28th. The Goldman Sachs Group began coverage on shares of Prosus in a report on Thursday, January 20th. They issued a “buy” rating for the company. UBS Group dropped their price objective on shares of Prosus from €97.00 ($102.11) to €76.00 ($80.00) in a report on Wednesday, April 20th. Credit Suisse Group dropped their price objective on shares of Prosus from €137.00 ($144.21) to €128.00 ($134.74) in a report on Tuesday, March 22nd. Finally, Investec downgraded shares of Prosus from a “buy” rating to a “hold” rating in a research report on Friday, February 11th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $87.08.

Shares of OTCMKTS PROSY opened at $8.59 on Wednesday. The company has a 50 day simple moving average of $10.43 and a 200 day simple moving average of $14.21. Prosus has a 1 year low of $8.44 and a 1 year high of $21.33.

Prosus Company Profile (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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