Naspers Ltd. (OTCMKTS:NPSNY – Get Free Report) shares gapped down prior to trading on Wednesday . The stock had previously closed at $9.37, but opened at $8.90. Naspers shares last traded at $8.91, with a volume of 154,639 shares changing hands.
Analyst Upgrades and Downgrades
A number of equities research analysts have issued reports on the stock. The Goldman Sachs Group assumed coverage on shares of Naspers in a research note on Thursday, June 4th. They set a “neutral” rating for the company. Barclays reiterated an “overweight” rating on shares of Naspers in a report on Monday, August 17th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Naspers presently has an average rating of “Hold”.
Check Out Our Latest Stock Analysis on Naspers
Naspers Stock Performance
Naspers Company Profile
Naspers Limited is a South African global consumer-internet and technology investment group. Founded in 1915 as Nasionale Pers, the company began as a publishing business before expanding into pay television, digital media and internet-related investments. Today, Naspers focuses primarily on building and investing in technology businesses that serve consumers in emerging and developed markets.
Naspers’ principal international technology interests are held through Prosus N.V., its separately listed global consumer-internet group.
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