Commerzbank Reiterates “€39.00” Price Target for Scout24 (G24)

Commerzbank set a €39.00 ($48.15) price objective on Scout24 (ETR:G24) in a research note released on Monday morning. The brokerage currently has a buy rating on the stock.

G24 has been the subject of several other research reports. Barclays set a €41.50 ($51.23) price target on shares of Scout24 and gave the company a buy rating in a research note on Monday, January 29th. Jefferies Group set a €40.20 ($49.63) price target on shares of Scout24 and gave the company a buy rating in a research note on Monday, November 27th. Kepler Capital Markets set a €38.50 ($47.53) price target on shares of Scout24 and gave the company a buy rating in a research note on Thursday, December 14th. UBS Group set a €33.30 ($41.11) price target on shares of Scout24 and gave the company a neutral rating in a research note on Friday, November 3rd. Finally, Macquarie set a €36.77 ($45.40) price target on shares of Scout24 and gave the company a buy rating in a research note on Friday, November 17th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and eight have assigned a buy rating to the stock. Scout24 presently has a consensus rating of Hold and a consensus target price of €37.33 ($46.09).

Shares of Scout24 (ETR G24) opened at €36.40 ($44.94) on Monday. Scout24 has a one year low of €29.81 ($36.80) and a one year high of €37.60 ($46.42). The firm has a market cap of $3,920.00 and a P/E ratio of 38.72.

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Scout24 Company Profile

Scout24 AG, formerly Asa NewCo GmbH, is a Germany-based holding company engaged in the Internet services industry. Through its subsidiaries, the Company provides digital classified advertisement platforms in Germany and other European countries, notably Scout24.com, ImmobilienScout24.de and Autoscout24.com.

Analyst Recommendations for Scout24 (ETR:G24)

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