Oddo Bhf set a €28.00 ($34.57) price target on Scout24 (ETR:G24) in a research note released on Friday, March 16th. The brokerage currently has a sell rating on the stock.
Several other equities research analysts have also commented on G24. Macquarie set a €36.77 ($45.40) price target on shares of Scout24 and gave the stock a buy rating in a report on Friday, November 17th. Morgan Stanley set a €40.00 ($49.38) target price on shares of Scout24 and gave the stock a buy rating in a report on Tuesday, November 21st. Warburg Research set a €36.00 ($44.44) 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 ($49.63) target price on shares of Scout24 and gave the stock a buy rating in a report on Monday, November 27th. Finally, Kepler Capital Markets set a €38.50 ($47.53) target price on shares of Scout24 and gave the stock a buy rating in a report on Tuesday, November 28th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and eight have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus price target of €37.54 ($46.35).
ETR G24 traded up €0.02 ($0.02) on Friday, hitting €38.54 ($47.58). The company had a trading volume of 104,717 shares, compared to its average volume of 223,980. Scout24 has a 12-month low of €29.81 ($36.80) and a 12-month high of €37.60 ($46.42).
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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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