equinet set a €31.00 ($36.90) price objective on Scout24 (ETR:G24) in a research report sent to investors on Tuesday. The firm currently has a sell rating on the stock.
Several other equities research analysts have also issued reports on G24. Warburg Research set a €36.00 ($42.86) target price on shares of Scout24 and gave the stock a neutral rating in a report on Wednesday, November 22nd. Jefferies Group set a €40.20 ($47.86) price objective on shares of Scout24 and gave the company a buy rating in a report on Monday, November 27th. Macquarie set a €36.77 ($43.77) price objective on shares of Scout24 and gave the company a buy rating in a report on Friday, November 17th. JPMorgan Chase & Co. reaffirmed a neutral rating on shares of Scout24 in a report on Wednesday, November 8th. Finally, Kepler Capital Markets set a €38.50 ($45.83) price objective on shares of Scout24 and gave the company a buy rating in a report on Wednesday, November 8th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and eight have issued a buy rating to the company. The company currently has an average rating of Hold and an average price target of €36.41 ($43.35).
Shares of Scout24 (ETR:G24) opened at €34.13 ($40.63) on Tuesday. Scout24 has a one year low of €29.81 ($35.49) and a one year high of €35.97 ($42.82). The firm has a market cap of $3,670.00 and a PE ratio of 36.30.
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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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