Goldman Sachs Group set a €54.70 ($63.60) target price on Scout24 (ETR:G24) in a report published on Monday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Several other analysts have also issued reports on G24. Morgan Stanley set a €52.00 ($60.47) price target on shares of Scout24 and gave the stock a buy rating in a research report on Monday, July 1st. UBS Group set a €49.00 ($56.98) price objective on shares of Scout24 and gave the company a neutral rating in a research report on Monday, July 29th. JPMorgan Chase & Co. set a €54.00 ($62.79) price objective on shares of Scout24 and gave the company a buy rating in a research report on Friday, July 19th. Royal Bank of Canada set a €43.00 ($50.00) price objective on shares of Scout24 and gave the company a neutral rating in a research report on Tuesday, May 14th. Finally, Deutsche Bank set a €56.00 ($65.12) price objective on shares of Scout24 and gave the company a buy rating in a research report on Monday, August 5th. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating and four have given a buy rating to the company. The company currently has a consensus rating of Hold and a consensus target price of €46.59 ($54.18).
ETR G24 opened at €51.50 ($59.88) on Monday. The company has a current ratio of 1.42, a quick ratio of 1.10 and a debt-to-equity ratio of 66.94. The firm’s fifty day moving average price is €49.53 and its two-hundred day moving average price is €46.33. Scout24 has a 1 year low of €33.22 ($38.63) and a 1 year high of €51.75 ($60.17). The firm has a market capitalization of $5.54 billion and a P/E ratio of 34.63.
Scout24 Company Profile
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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