Report
Jerôme Bodin ...
  • Martin Marandon-Carlhian

Prosus NV : Update to our target price following the attribution of shares linked to the simplification operation

>A new target price of € 42 with no impact on the value of assets - We have updated our target price for Prosus following the attribution of new shares as part of the recent simplification operation (elimination of the cross-holding between Naspers and Prosus). Prosus is now solely 42.7%-owned by Naspers and no longer owns any Naspers’ shares (vs 49% previously). The number of shares has increased by 108% as part of this operation, although with no impact on the value...
Underlying
Prosus N.V. Class N

Prosus NV Formerly known as Myriad International Holdings NV. Prosus NV, formerly Myriad International Holdings NV, is a Netherland-based global consumer Internet group. The Company is organized into six business areas: Classifieds, Payments & Fintech, Food delivery, Etail, Ventures and Travel. It also holds investments in listed Social & Internet assets. The Classifieds business area manages mobile and digital marketplaces. The Payments & Fintech business area includes PayU, a Payment Service Platform. The Food delivery business area manages food delivery companies. The Travel business area operates a travel online platform. The Etail business area includes business to consumer e-commerce companies. The Venture business area looks for and invests in early stage companies.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Jerôme Bodin

Martin Marandon-Carlhian

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