Scout24 (ETR:G24) has been assigned a €28.00 ($33.33) price target by equities researchers at Oddo Bhf in a report issued on Thursday, November 16th. The brokerage presently has a “sell” rating on the stock. Oddo Bhf’s target price would indicate a potential downside of 18.06% from the stock’s current price.
A number of other equities research analysts have also issued reports on G24. Warburg Research set a €36.00 ($42.86) target price on Scout24 and gave the company a “neutral” rating in a research note on Monday, July 24th. J P Morgan Chase & Co set a €34.00 ($40.48) price objective on shares of Scout24 and gave the company a “neutral” rating in a research report on Wednesday, August 2nd. Commerzbank set a €39.00 ($46.43) price objective on shares of Scout24 and gave the company a “buy” rating in a research report on Monday, August 7th. Kepler Capital Markets set a €38.50 ($45.83) price objective on shares of Scout24 and gave the company a “buy” rating in a research report on Wednesday, August 9th. Finally, Goldman Sachs Group set a €39.00 ($46.43) price target on shares of Scout24 and gave the stock a “buy” rating in a research report on Thursday, August 10th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and eight have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of €36.41 ($43.35).
Shares of Scout24 (ETR G24) traded down €0.36 ($0.43) during trading hours on Thursday, hitting €34.17 ($40.68). 306,181 shares of the company were exchanged, compared to its average volume of 227,979. Scout24 has a 52 week low of €29.81 ($35.49) and a 52 week high of €35.97 ($42.82).
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Scout24 Company Profile
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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