Scout24 AG (G24) Given a €40.00 Price Target by Morgan Stanley Analysts

Scout24 AG (ETR:G24) has been given a €40.00 ($47.06) price target by analysts at Morgan Stanley in a research note issued to investors on Wednesday. The firm presently has a “buy” rating on the stock.

Several other research analysts have also recently weighed in on the stock. UBS Group AG set a €33.30 ($39.18) price objective on shares of Scout24 AG and gave the company a “neutral” rating in a report on Tuesday, July 11th. Kepler Capital Markets set a €38.50 ($45.29) price target on shares of Scout24 AG and gave the stock a “buy” rating in a research report on Thursday, October 5th. Credit Suisse Group set a €36.70 ($43.18) price target on shares of Scout24 AG and gave the stock a “buy” rating in a research report on Thursday, June 29th. Goldman Sachs Group, Inc. (The) set a €39.00 ($45.88) price target on shares of Scout24 AG and gave the stock a “buy” rating in a research report on Wednesday, September 6th. Finally, J P Morgan Chase & Co set a €34.00 ($40.00) price target on shares of Scout24 AG and gave the stock a “neutral” rating in a research report on Wednesday, August 2nd. One analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company. Scout24 AG currently has an average rating of “Buy” and a consensus price target of €36.35 ($42.76).

Shares of Scout24 AG (ETR G24) opened at 34.29 on Wednesday. Scout24 AG has a 1-year low of €28.45 and a 1-year high of €35.98. The stock has a market cap of €3.69 billion and a price-to-earnings ratio of 40.34. The firm has a 50-day moving average of €34.48 and a 200 day moving average of €33.32.

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About Scout24 AG

Scout24 AG, formerly Asa NewCo GmbH, is a Germany-based holding company engaged in the Internet services industry. Through its subsidiaries, the Company provides digital classified advertisement platforms in Germany and other European countries, notably Scout24.com, ImmobilienScout24.de and Autoscout24.com.

Analyst Recommendations for Scout24 AG (ETR:G24)

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