Scout24 AG (ETR:G24) Receives Consensus Recommendation of “Buy” from Analysts

Scout24 AG (ETR:G24) has been given an average rating of “Buy” by the twelve research firms that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and seven have given a buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is €56.13 ($65.27).

G24 has been the topic of several recent analyst reports. HSBC set a €64.00 ($74.42) target price on shares of Scout24 and gave the stock a “buy” rating in a research note on Friday, November 29th. Goldman Sachs Group set a €60.40 ($70.23) price target on Scout24 and gave the company a “buy” rating in a research note on Tuesday, November 26th. UBS Group set a €66.00 ($76.74) price target on Scout24 and gave the stock a “buy” rating in a report on Monday. Deutsche Bank set a €64.00 ($74.42) price target on Scout24 and gave the stock a “buy” rating in a research report on Friday, November 29th. Finally, Warburg Research set a €52.00 ($60.47) price objective on Scout24 and gave the company a “neutral” rating in a report on Thursday, November 28th.

G24 opened at €55.45 ($64.48) on Tuesday. The company has a fifty day moving average of €53.95 and a two-hundred day moving average of €50.69. The stock has a market capitalization of $5.98 billion and a price-to-earnings ratio of 40.24. Scout24 has a fifty-two week low of €35.86 ($41.70) and a fifty-two week high of €56.85 ($66.10). The company has a debt-to-equity ratio of 75.12, a quick ratio of 1.42 and a current ratio of 1.52.

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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