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Goldman Sachs Stick to Their Buy Rating for Prosus

Published 11/23/2020, 09:10 AM
Updated 11/23/2020, 09:10 AM


Goldman Sachs (NYSE:GS) analyst Lisa Yang maintained a Buy rating on Prosus (OTC:PROSF) on Monday, setting a price target of EUR132, which is approximately 45.73% above the present share price of $107.57.

Yang expects Prosus to post earnings per share (EPS) of $0.00 for the fourth quarter of 2020.

The current consensus among 7 TipRanks analysts is for a Strong Buy rating of shares in Prosus, with an average price target of $137.08.
The analysts price targets range from a high of $156.76 to a low of $98.57.

In its latest earnings report, released on 09/30/2019, the company reported a quarterly revenue of $740 million and a net profit of -$139 million. The company's market cap is $170.08 billion.

According to TipRanks.com, Goldman Sachs analyst Lisa Yang is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 8.0% and a 59.18% success rate.

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.

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