Scout24 (ETR:G24) has been assigned a €50.00 ($58.14) target price by stock analysts at Kepler Capital Markets in a research report issued to clients and investors on Wednesday. The firm presently has a “buy” rating on the stock. Kepler Capital Markets’ price objective would suggest a potential upside of 36.46% from the stock’s current price.
A number of other analysts also recently issued reports on G24. Oddo Bhf set a €28.00 ($32.56) target price on shares of Scout24 and gave the stock a “sell” rating in a research report on Thursday, July 19th. Liberum Capital set a €56.00 ($65.12) target price on shares of Scout24 and gave the stock a “buy” rating in a research report on Tuesday, July 24th. Morgan Stanley set a €48.00 ($55.81) target price on shares of Scout24 and gave the stock a “buy” rating in a research report on Monday. Goldman Sachs Group set a €44.10 ($51.28) target price on shares of Scout24 and gave the stock a “neutral” rating in a research report on Friday, August 10th. Finally, Barclays set a €47.00 ($54.65) target price on shares of Scout24 and gave the stock a “neutral” rating in a research report on Tuesday, August 14th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of €44.06 ($51.24).
G24 opened at €36.64 ($42.60) on Wednesday. Scout24 has a 1 year low of €29.81 ($34.66) and a 1 year high of €37.60 ($43.72).
Scout24 AG operates digital marketplaces specializing in the real estate and automotive sectors in Germany and other European countries. The company operates through ImmobilienScout24 and AutoScout24segments. The ImmobilienScout24 segment operates real estate classifieds portal for commercial and private customers for the sale and rental of real estate, as well as offers advertising services to third-party suppliers, such as insurance and financial service providers, utilities, or removal companies.
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