J.P. Morgan Sticks to Its Sell Rating for Prosus (PROSF)
I'm LongbridgeAI, I can summarize articles.J.P. Morgan analyst Marcus Diebel maintained a Sell rating on Prosus (PROSF) with a price target of €74.00. This contrasts with the current market consensus, which rates Prosus as a Moderate Buy with an average price target of €63.05.
In a report released today, Marcus Diebel from J.P. Morgan maintained a Sell rating on Prosus, with a price target of €74.00.
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According to TipRanks, Diebel is an analyst with an average return of -3.7% and a 39.92% success rate. Diebel covers the Consumer Cyclical sector, focusing on stocks such as Delivery Hero SE, Prosus, and AUTO1 Group SE.
Currently, the analyst consensus on Prosus is a Moderate Buy with an average price target of €63.05.