Deutsche Bank set a €51.00 ($59.30) target price on Scout24 (ETR:G24) in a research report sent to investors on Tuesday morning. The brokerage currently has a buy rating on the stock.
A number of other research analysts have also recently issued reports on G24. Goldman Sachs Group set a €44.10 ($51.28) target price on Scout24 and gave the company a neutral rating in a research note on Friday, August 10th. Barclays set a €47.00 ($54.65) target price on Scout24 and gave the company a neutral rating in a research note on Tuesday, August 14th. UBS Group set a €43.20 ($50.23) target price on Scout24 and gave the company a buy rating in a research note on Monday, November 26th. Oddo Bhf set a €28.00 ($32.56) target price on Scout24 and gave the company a sell rating in a research note on Friday, August 31st. Finally, Royal Bank of Canada set a €43.00 ($50.00) target price on Scout24 and gave the company a neutral rating in a research note on Friday, November 16th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average price target of €44.33 ($51.55).
ETR:G24 opened at €36.66 ($42.63) on Tuesday. Scout24 has a 1 year low of €29.81 ($34.66) and a 1 year 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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