Goldman Sachs Group set a €42.60 ($49.53) target price on Scout24 (ETR:G24) in a research note released on Friday. The brokerage currently has a neutral rating on the stock.
Several other brokerages also recently issued reports on G24. Deutsche Bank set a €56.00 ($65.12) price target on shares of Scout24 and gave the company a buy rating in a report on Wednesday, September 5th. HSBC set a €52.00 ($60.47) target price on shares of Scout24 and gave the stock a buy rating in a research note on Monday, September 3rd. Kepler Capital Markets set a €50.00 ($58.14) target price on shares of Scout24 and gave the stock a buy rating in a research note on Monday, August 13th. UBS Group set a €43.20 ($50.23) target price on shares of Scout24 and gave the stock a neutral rating in a research note on Friday, August 31st. Finally, Credit Suisse Group set a €48.10 ($55.93) target price on shares of Scout24 and gave the stock a neutral rating in a research note on Friday, August 31st. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and seven have assigned a buy rating to the stock. Scout24 currently has a consensus rating of Hold and an average price target of €44.33 ($51.55).
Shares of G24 stock opened at €36.66 ($42.63) on Friday. Scout24 has a 12-month low of €29.81 ($34.66) and a 12-month high of €37.60 ($43.72).
Scout24 AG operates digital marketplaces specializing in the real estate and automotive sectors in Germany and other European countries. The company operates through ImmobilienScout24 and AutoScout24segments. The ImmobilienScout24 segment operates real estate classifieds portal for commercial and private customers for the sale and rental of real estate, as well as offers advertising services to third-party suppliers, such as insurance and financial service providers, utilities, or removal companies.
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