Scout24 (ETR:G24) PT Set at €71.60 by Goldman Sachs Group

Goldman Sachs Group set a €71.60 ($83.26) price objective on Scout24 (ETR:G24) in a research note published on Monday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

Several other research firms have also issued reports on G24. HSBC set a €64.00 ($74.42) target price on shares of Scout24 and gave the company a buy rating in a report on Friday, November 29th. JPMorgan Chase & Co. set a €73.00 ($84.88) target price on shares of Scout24 and gave the company a buy rating in a report on Wednesday, January 15th. Deutsche Bank set a €64.00 ($74.42) target price on shares of Scout24 and gave the company a buy rating in a report on Friday, November 29th. Barclays set a €55.40 ($64.42) target price on shares of Scout24 and gave the company a neutral rating in a report on Monday, December 16th. Finally, Kepler Capital Markets set a €68.50 ($79.65) target price on shares of Scout24 and gave the company a buy rating in a report on Friday, January 17th. Four analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock presently has a consensus rating of Buy and a consensus target price of €60.86 ($70.77).

Shares of G24 opened at €62.35 ($72.50) on Monday. The company has a debt-to-equity ratio of 75.12, a current ratio of 1.52 and a quick ratio of 1.42. Scout24 has a one year low of €39.76 ($46.23) and a one year high of €62.35 ($72.50). The company has a 50-day simple moving average of €58.92 and a two-hundred day simple moving average of €53.72. The firm has a market capitalization of $6.67 billion and a PE ratio of 45.25.

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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