Kepler Capital Markets set a €38.50 ($44.77) target price on Scout24 AG (ETR:G24) in a research report sent to investors on Friday, October 27th. The brokerage currently has a buy rating on the stock.
Other analysts have also issued research reports about the company. Oddo Bhf set a €28.00 ($32.56) target price on Scout24 AG and gave the stock a sell rating in a report on Thursday, September 21st. Goldman Sachs Group, Inc. (The) set a €39.00 ($45.35) price objective on Scout24 AG and gave the company a buy rating in a report on Thursday, August 10th. Morgan Stanley set a €40.00 ($46.51) price objective on Scout24 AG and gave the company a buy rating in a report on Thursday, August 17th. Warburg Research set a €36.00 ($41.86) price objective on Scout24 AG and gave the company a neutral rating in a report on Monday, July 24th. Finally, UBS AG set a €33.30 ($38.72) price objective on Scout24 AG and gave the company a neutral rating in a report on Tuesday, July 11th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company. The company presently has an average rating of Buy and a consensus target price of €36.34 ($42.26).
Shares of Scout24 AG (G24) traded up €0.09 ($0.10) during midday trading on Friday, hitting €33.76 ($39.26). The company had a trading volume of 156,877 shares, compared to its average volume of 140,489. Scout24 AG has a 12-month low of €28.61 ($33.27) and a 12-month high of €35.97 ($41.83).
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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.
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