Scout24 (ETR:G24) has been given a €47.00 ($53.41) target price by research analysts at Barclays in a research report issued on Friday, July 20th. The firm currently has a “neutral” rating on the stock. Barclays’ price target would suggest a potential upside of 2.00% from the stock’s previous close.
A number of other brokerages also recently commented on G24. Credit Suisse Group set a €47.10 ($53.52) price target on shares of Scout24 and gave the company a “neutral” rating in a report on Thursday, May 10th. Oddo Bhf set a €28.00 ($31.82) price target on shares of Scout24 and gave the company a “sell” rating in a report on Thursday, July 19th. Goldman Sachs Group set a €44.10 ($50.11) price target on shares of Scout24 and gave the company a “neutral” rating in a report on Thursday, May 3rd. JPMorgan Chase & Co. set a €40.00 ($45.45) price target on shares of Scout24 and gave the company a “neutral” rating in a report on Wednesday, May 2nd. Finally, Kepler Capital Markets set a €43.00 ($48.86) price target on shares of Scout24 and gave the company a “buy” rating in a report on Wednesday, July 18th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of €43.81 ($49.78).
Shares of G24 traded up €2.18 ($2.48) during midday trading on Friday, hitting €46.08 ($52.36). 301,667 shares of the company traded hands, compared to its average volume of 223,980. Scout24 has a 52 week low of €29.81 ($33.88) and a 52 week high of €37.60 ($42.73).
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.
Featured Article: Price to Earnings Ratio (PE) Basics
Receive News & Ratings for Scout24 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Scout24 and related companies with MarketBeat.com's FREE daily email newsletter.