Prosus resumed with a Buy at Goldman Sachs

Goldman Sachs resumed coverage of Prosus (PROSY) with a Buy rating and EUR 56 price target Prosus presents an attractive fundamental growth and profitability outlook through its ownership of Tencent and its portfolio of private assets in Online Classifieds, Food Delivery and Payments, with upside from value crystallization opportunity in the portfolio, the analyst tells investors in a research note.