Prosus (PROSF) Gets a Buy from Goldman Sachs
Goldman Sachs analyst Lisa Yang maintained a Buy rating on Prosus (PROSF – Research Report) today and set a price target of €58.00. The company's shares closed last Wednesday at $55.70.
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Yang covers the Communication Services sector, focusing on stocks such as Prosus, ITV plc, and WPP. According to TipRanks, Yang has an average return of 8.5% and a 59.36% success rate on recommended stocks.
In addition to Goldman Sachs, Prosus also received a Buy from Barclays's Andrew Ross in a report issued on June 27. However, on June 26, Oddo BHF downgraded Prosus (Other OTC: PROSF) to a Hold.
Based on Prosus' latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $2.96 billion and a net profit of $4.59 billion. In comparison, last year the company earned a revenue of $2.56 billion and had a net profit of $3.6 billion
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