UBS Believes Prosus (Other OTC: PROSF) Still Has Room to Grow

In a report released yesterday, John Kim-sa from UBS maintained a Buy rating on Prosus (PROSFResearch Report), with a price target of EUR123.00. The company’s shares closed last Thursday at $118.42, close to its 52-week high of $128.00.

Kim-sa has an average return of 13.2% when recommending Prosus.

According to TipRanks.com, Kim-sa is ranked #4192 out of 7432 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Prosus with a $166.73 average price target, representing a 49.4% upside. In a report issued on March 26, J.P. Morgan also maintained a Buy rating on the stock with a EUR149.00 price target.

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The company has a one-year high of $128.00 and a one-year low of $68.90. Currently, Prosus has an average volume of 1,624.

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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.