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Jefferies Remains a Hold on Prosus (PROSF)

Jefferies analyst Ken Rumph maintained a Hold rating on Prosus (PROSFResearch Report) yesterday and set a price target of EUR89.00. The company’s shares closed last Wednesday at $99.35.

Rumph has an average return of 71.7% when recommending Prosus.

According to TipRanks.com, Rumph is ranked #4746 out of 7558 analysts.

Currently, the analyst consensus on Prosus is a Strong Buy with an average price target of $137.40.

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The company has a one-year high of $128.00 and a one-year low of $89.00. Currently, Prosus has an average volume of 1,497.

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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.