Deutsche Bank Analysts Give Scout24 (ETR:G24) a €64.00 Price Target

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Deutsche Bank set a €64.00 ($74.42) target price on Scout24 (ETR:G24) in a research note released on Friday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

A number of other equities analysts also recently weighed in on the company. UBS Group set a €62.00 ($72.09) price target on Scout24 and gave the stock a buy rating in a research report on Thursday, November 7th. Royal Bank of Canada set a €49.00 ($56.98) price target on Scout24 and gave the stock a neutral rating in a research report on Wednesday, November 27th. Goldman Sachs Group set a €60.40 ($70.23) price target on Scout24 and gave the stock a buy rating in a research report on Tuesday, November 26th. HSBC set a €62.00 ($72.09) price target on Scout24 and gave the stock a buy rating in a research report on Monday, October 21st. Finally, JPMorgan Chase & Co. set a €56.00 ($65.12) price target on Scout24 and gave the stock a neutral rating in a research report on Tuesday, November 26th. One analyst has rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating to the stock. The stock has a consensus rating of Hold and a consensus target price of €54.63 ($63.53).

ETR:G24 opened at €56.20 ($65.35) on Friday. Scout24 has a twelve month low of €35.80 ($41.63) and a twelve month high of €55.90 ($65.00). The company has a quick ratio of 1.42, a current ratio of 1.52 and a debt-to-equity ratio of 75.12. The business has a 50 day moving average price of €53.43 and a two-hundred day moving average price of €50.12. The company has a market cap of $6.05 billion and a P/E ratio of 40.78.

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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