JPMorgan Chase & Co. Reiterates €54.00 Price Target for Scout24 (ETR:G24)

JPMorgan Chase & Co. set a €54.00 ($62.79) price target on Scout24 (ETR:G24) in a report issued on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

Other equities research analysts have also recently issued research reports about the company. Warburg Research set a €45.00 ($52.33) price target on Scout24 and gave the company a neutral rating in a research note on Wednesday, May 15th. UBS Group set a €49.00 ($56.98) price target on Scout24 and gave the company a neutral rating in a research note on Monday, July 29th. Royal Bank of Canada set a €43.00 ($50.00) price target on Scout24 and gave the company a neutral rating in a research note on Tuesday, May 14th. Kepler Capital Markets set a €49.00 ($56.98) price target on Scout24 and gave the company a neutral rating in a research note on Tuesday, May 14th. Finally, Goldman Sachs Group set a €54.70 ($63.60) target price on Scout24 and gave the stock a buy rating in a research note on Monday. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the stock. The company has an average rating of Hold and an average price target of €46.59 ($54.18).

Shares of G24 stock opened at €51.80 ($60.23) on Tuesday. The stock has a market cap of $5.54 billion and a price-to-earnings ratio of 34.84. The stock has a 50-day moving average of €49.53 and a 200-day moving average of €46.33. The company has a current ratio of 1.42, a quick ratio of 1.10 and a debt-to-equity ratio of 66.94. Scout24 has a 1-year low of €33.22 ($38.63) and a 1-year high of €51.75 ($60.17).

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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