Barclays Analysts Give Scout24 (G24) a €38.90 Price Target

Scout24 (ETR:G24) has been assigned a €38.90 ($45.76) price objective by equities researchers at Barclays in a research report issued on Thursday, November 9th. The brokerage currently has a “buy” rating on the stock. Barclays’ price objective would indicate a potential upside of 11.30% from the company’s previous close.

G24 has been the topic of several other research reports. Goldman Sachs Group set a €39.00 ($45.88) price target on shares of Scout24 and gave the company a “buy” rating in a research report on Thursday, November 9th. Oddo Bhf set a €28.00 ($32.94) target price on shares of Scout24 and gave the company a “sell” rating in a research report on Thursday, September 21st. Warburg Research set a €36.00 ($42.35) target price on shares of Scout24 and gave the company a “neutral” rating in a research report on Thursday, November 2nd. UBS set a €33.30 ($39.18) target price on shares of Scout24 and gave the company a “neutral” rating in a research report on Friday, November 3rd. Finally, Kepler Capital Markets set a €38.50 ($45.29) target price on shares of Scout24 and gave the company a “buy” rating in a research report on Thursday, October 5th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and eight have assigned a buy rating to the company. Scout24 currently has an average rating of “Buy” and a consensus price target of €36.70 ($43.17).

Shares of Scout24 (ETR:G24) traded down €0.65 ($0.76) on Thursday, reaching €34.95 ($41.12). 478,142 shares of the company’s stock traded hands, compared to its average volume of 143,258. Scout24 has a 52 week low of €29.81 ($35.07) and a 52 week high of €36.22 ($42.61).

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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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