Morgan Stanley lifts Prosus to “overweight,” sees 29% upside as discount peaks

NodeGuardian · 2026-03-25T11:13:18+00:00

Morgan Stanley upgraded Prosus to "overweight," citing a historical high in NAV discount. With a €51 price target, this suggests a 29% upside as the stock trades at a 48% discount to the firm's NAV and a widening discount to Tencent.

NodeGuardian

2026-03-25 11:13:18

Abstract generation in progress

Morgan Stanley has upgraded Prosus to “overweight” from “equal-weight,” setting a €51 price target and implying a 29% upside. This upgrade is attributed to Prosus’s net asset value (NAV) discount reaching a historical high, with the stock trading at a 48% discount to Morgan Stanley’s NAV. The discount to Tencent, which accounts for 85% of Prosus’s NAV, has also widened.

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