Scout24 (ETR:G24) PT Set at €61.50 by Kepler Capital Markets

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Scout24 (ETR:G24) received a €61.50 ($71.51) target price from equities researchers at Kepler Capital Markets in a report issued on Wednesday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. Kepler Capital Markets’ target price indicates a potential upside of 9.72% from the company’s previous close.

Other equities analysts also recently issued reports about the company. Deutsche Bank set a €64.00 ($74.42) price target on Scout24 and gave the stock a “buy” rating in a research report on Friday, November 29th. Barclays set a €51.70 ($60.12) price objective on Scout24 and gave the stock a “neutral” rating in a research report on Thursday, November 7th. Warburg Research set a €52.00 ($60.47) target price on Scout24 and gave the stock a “neutral” rating in a research note on Thursday, November 28th. JPMorgan Chase & Co. set a €66.00 ($76.74) target price on Scout24 and gave the company a “buy” rating in a research report on Monday. Finally, UBS Group set a €62.00 ($72.09) target price on Scout24 and gave the company a “buy” rating in a research report on Thursday, November 7th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and seven have given a buy rating to the stock. Scout24 presently has a consensus rating of “Buy” and an average price target of €55.80 ($64.88).

Shares of G24 opened at €56.05 ($65.17) on Wednesday. The company has a 50 day moving average of €53.61 and a two-hundred day moving average of €50.34. The company has a quick ratio of 1.42, a current ratio of 1.52 and a debt-to-equity ratio of 75.12. 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 market cap of $6.01 billion and a price-to-earnings ratio of 40.67.

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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