Scout24 (ETR:G24) Given a €60.60 Price Target by Goldman Sachs Group Analysts

Goldman Sachs Group set a €60.60 ($70.47) target price on Scout24 (ETR:G24) in a research report sent to investors on Thursday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

G24 has been the subject of several other reports. Warburg Research set a €45.00 ($52.33) price objective on shares of Scout24 and gave the stock a neutral rating in a research note on Wednesday, August 14th. HSBC set a €62.00 ($72.09) price objective on shares of Scout24 and gave the stock a buy rating in a research note on Monday, October 21st. JPMorgan Chase & Co. set a €58.00 ($67.44) price objective on shares of Scout24 and gave the stock a buy rating in a research note on Friday, October 18th. Deutsche Bank set a €56.00 ($65.12) price objective on shares of Scout24 and gave the stock a buy rating in a research note on Monday, August 5th. Finally, Barclays set a €53.50 ($62.21) price objective on shares of Scout24 and gave the stock a neutral rating in a research note on Wednesday, October 16th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the company. The stock currently has a consensus rating of Hold and an average target price of €52.78 ($61.37).

Scout24 stock opened at €52.05 ($60.52) on Thursday. Scout24 has a 1 year low of €34.18 ($39.74) and a 1 year high of €55.90 ($65.00). The firm has a 50 day moving average price of €53.10 and a 200 day moving average price of €49.42. The company has a market cap of $5.73 billion and a price-to-earnings ratio of 37.45. The company has a debt-to-equity ratio of 61.70, a quick ratio of 1.16 and a current ratio of 1.28.

About Scout24

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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