Scout24 (G24) Given a €49.00 Price Target at Kepler Capital Markets

Scout24 (ETR:G24) has been given a €49.00 ($56.98) target price by equities research analysts at Kepler Capital Markets in a research report issued to clients and investors on Tuesday, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. Kepler Capital Markets’ target price would indicate a potential upside of 8.89% from the company’s previous close.

Other equities analysts have also recently issued reports about the stock. UBS Group set a €43.20 ($50.23) price objective on shares of Scout24 and gave the company a “buy” rating in a research report on Monday, February 18th. Goldman Sachs Group set a €47.00 ($54.65) price objective on shares of Scout24 and gave the company a “neutral” rating in a research report on Monday, January 14th. Royal Bank of Canada set a €43.00 ($50.00) price objective on shares of Scout24 and gave the company a “neutral” rating in a research report on Tuesday, February 12th. JPMorgan Chase & Co. set a €50.00 ($58.14) price objective on shares of Scout24 and gave the company a “buy” rating in a research report on Wednesday, January 9th. Finally, HSBC set a €47.00 ($54.65) price objective on shares of Scout24 and gave the company a “neutral” rating in a research report on Tuesday, February 19th. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of €45.03 ($52.36).

Shares of ETR G24 opened at €45.00 ($52.33) on Tuesday. Scout24 has a 12-month low of €33.22 ($38.63) and a 12-month high of €48.62 ($56.53). The firm has a market capitalization of $4.84 billion and a P/E ratio of 29.45. The company has a debt-to-equity ratio of 68.61, a current ratio of 1.14 and a quick ratio of 0.85.

About Scout24

Scout24 AG operates digital marketplaces specializing in the real estate and automotive sectors in Germany and other European countries. The company operates through ImmobilienScout24, AutoScout24, and Scout24 Consumer Services segments. The ImmobilienScout24 segment operates real estate classifieds portal for commercial and private customers for the sale and rental of real estate properties, as well as offers support services, such as customer acquisition and care for business real estate professionals.

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