Scout24 (ETR:G24) has been given a €37.00 ($44.05) target price by analysts at Royal Bank of Canada in a research report issued on Thursday. The firm presently has a “neutral” rating on the stock. Royal Bank of Canada’s target price indicates a potential downside of 0.38% from the stock’s current price.
G24 has been the subject of several other reports. Goldman Sachs Group set a €39.00 ($46.43) target price on shares of Scout24 and gave the company a “buy” rating in a research note on Thursday, November 9th. UBS Group set a €33.30 ($39.64) target price on shares of Scout24 and gave the company a “neutral” rating in a research note on Wednesday, November 15th. Macquarie set a €36.77 ($43.77) target price on shares of Scout24 and gave the company a “buy” rating in a research note on Friday, November 17th. Oddo Bhf set a €28.00 ($33.33) target price on shares of Scout24 and gave the company a “sell” rating in a research note on Thursday, September 21st. Finally, Warburg Research set a €36.00 ($42.86) target price on shares of Scout24 and gave the company a “neutral” rating in a research note on Thursday, November 2nd. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and eight have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of €36.46 ($43.40).
Shares of Scout24 (ETR G24) opened at €37.14 ($44.21) on Thursday. Scout24 has a one year low of €29.81 ($35.49) and a one year high of €37.22 ($44.31). The company has a market cap of $4,000.00 and a P/E ratio of 39.51.
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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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