Oddo Bhf Analysts Give Scout24 (G24) a €28.00 Price Target

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.

Analyst Recommendations for Scout24 (ETR:G24)

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