Scout24 (ETR:G24) has been given a €40.50 ($50.00) price target by investment analysts at Kepler Capital Markets in a note issued to investors on Tuesday. The brokerage presently has a “buy” rating on the stock. Kepler Capital Markets’ target price points to a potential upside of 11.88% from the stock’s previous close.
A number of other equities analysts have also recently issued reports on the stock. Commerzbank set a €39.00 ($48.15) price objective on shares of Scout24 and gave the company a “buy” rating in a research report on Tuesday. JPMorgan Chase & Co. restated a “neutral” rating on shares of Scout24 in a research report on Tuesday. UBS Group set a €35.50 ($43.83) price objective on shares of Scout24 and gave the company a “neutral” rating in a research report on Friday, February 9th. Oddo Bhf set a €28.00 ($34.57) price objective on shares of Scout24 and gave the company a “sell” rating in a research report on Friday, February 9th. Finally, Barclays set a €41.50 ($51.23) price objective on shares of Scout24 and gave the company a “buy” rating in a research report on Monday, January 29th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and eight have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of €37.33 ($46.09).
Scout24 (ETR G24) opened at €36.20 ($44.69) on Tuesday. Scout24 has a 52-week low of €29.81 ($36.80) and a 52-week high of €37.60 ($46.42). The stock has a market cap of $3,880.00 and a PE ratio of 38.51.
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.
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