Prosus (PROSY) Stock Forecast & Price Target

$8.42

-0.10 (-1.17%)

(As of 10/31/2024 ET)

Prosus - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Strong Buy

Based on 1 Analyst Ratings

Sell
0

Hold
0

Buy
1

Based on 1 Wall Street analysts who have issued ratings for Prosus in the last 12 months, the stock has a consensus rating of "Strong Buy." Out of the 1 analysts, 1 has given a strong buy rating for PROSY.

Consensus Price Target

N/A

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PROSY Analyst Ratings Over Time

Type	Current Forecast 11/1/23 to 10/31/24	1 Month Ago 10/2/23 to 10/1/24	3 Months Ago 8/3/23 to 8/2/24	1 Year Ago 11/1/22 to 11/1/23
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	0 Buy rating(s)	0 Buy rating(s)	1 Buy rating(s)	4 Buy rating(s)
Hold	0 Hold rating(s)	0 Hold rating(s)	0 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	N/A	N/A	N/A	N/A
Forecasted Upside	N/A	N/A	N/A	N/A
Consensus Rating	Strong Buy	Strong Buy	Strong Buy	Moderate Buy

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PROSY Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

PROSY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Prosus Stock vs. The Competition

Type	Prosus	Retail/Wholesale Companies	S&P 500
Consensus Rating Score	4.00	2.50	2.50
Consensus Rating	Strong Buy	Hold	Hold
Predicted Upside	N/A	39.99% Upside	10.62% Upside
News Sentiment Rating	Positive News See Recent PROSY News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target
6/17/2024	Citigroup 3 of 5 stars	M. Pollard Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
8/17/2023	Barclays 3 of 5 stars		Upgrade	Equal Weight ➝ Overweight
6/28/2023	HSBC 2 of 5 stars		Upgrade	Hold ➝ Buy
1/10/2023	Investec Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold
11/18/2022	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	€83.50 ➝ €87.40
11/4/2022	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	€75.00 ➝ €72.00
11/1/2022	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		€93.00 ➝ €90.00
10/31/2022	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	€99.00 ➝ €94.00

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 08:30 PM ET.

Should I Buy Prosus Stock? PROSY Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, October 23, 2024. Please send any questions or comments about these Prosus pros and cons to contact@marketbeat.com.

Prosus
Bull Case

Here are some ways that investors could benefit from investing in Prosus:

Prosus operates in various regions globally, providing geographic diversification which can help mitigate risks associated with regional economic downturns.
Prosus is involved in multiple internet businesses, including e-commerce and fintech, which are sectors with high growth potential in the digital age.
Recent short interest decline by 27.4% indicates a positive sentiment shift among investors towards Prosus, potentially leading to a positive price trend.
Prosus has a strong track record of strategic investments and acquisitions, which can enhance its competitive position and drive future growth.
With a 52-week low of $5.39 and a 52-week high of $8.01, Prosus stock has shown resilience and potential for capital appreciation.

Prosus
Bear Case

Investors should be bearish about investing in Prosus for these reasons:

Prosus operates in the private households industry, which may be susceptible to economic downturns affecting consumer spending habits.
The competitive landscape in the e-commerce and internet businesses is intense, leading to potential challenges in maintaining market share and profitability.
While short interest has declined, the days-to-cover ratio of 3.4 days indicates that there is still a significant level of short interest in Prosus, which could lead to volatility in the stock price.
Investing in Prosus involves exposure to currency risk due to its operations in multiple countries with varying exchange rate fluctuations.
The company's name change in August 2019 may have caused some confusion or uncertainty among investors, impacting market perception and sentiment.

PROSY Forecast - Frequently Asked Questions

: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Prosus in the last year. There is currently 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "strong buy" PROSY shares.
: According to analysts, Prosus's stock has a predicted downside of -100.00% based on their 12-month stock forecasts.
: Analysts like Prosus more than other "retail/wholesale" companies. The consensus rating for Prosus is Strong Buy while the average consensus rating for "retail/wholesale" companies is Hold. Learn more on how PROSY compares to other companies.

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This page (OTCMKTS:PROSY) was last updated on 10/31/2024 by MarketBeat.com Staff

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Prosus (PROSY) Stock Forecast & Price Target