Scout24 (G24) Given a €46.00 Price Target at UBS Group

UBS Group set a €46.00 ($53.49) target price on Scout24 (ETR:G24) in a research report sent to investors on Wednesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

Several other research analysts also recently weighed in on the company. JPMorgan Chase & Co. set a €50.00 ($58.14) price target on Scout24 and gave the company a buy rating in a report on Wednesday, January 9th. Kepler Capital Markets set a €50.00 ($58.14) price target on Scout24 and gave the company a buy rating in a report on Tuesday, February 12th. Deutsche Bank set a €51.00 ($59.30) price target on Scout24 and gave the company a buy rating in a report on Monday, February 18th. Barclays set a €45.70 ($53.14) price target on Scout24 and gave the company a neutral rating in a report on Tuesday, February 12th. Finally, Royal Bank of Canada set a €43.00 ($50.00) price target on Scout24 and gave the company a neutral rating in a report on Tuesday, February 12th. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus target price of €45.03 ($52.36).

G24 stock opened at €46.36 ($53.91) on Wednesday. Scout24 has a 1 year low of €33.22 ($38.63) and a 1 year high of €48.62 ($56.53). The company has a debt-to-equity ratio of 68.61, a quick ratio of 0.85 and a current ratio of 1.14. The company has a market capitalization of $4.99 billion and a P/E ratio of 30.34.

Scout24 Company Profile

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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Analyst Recommendations for Scout24 (ETR:G24)

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