Scout24 (ETR:G24) Given a €52.20 Price Target by Barclays Analysts

Barclays set a €52.20 ($60.70) target price on Scout24 (ETR:G24) in a research report sent to investors on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

Several other research analysts have also recently weighed in on the company. Deutsche Bank set a €56.00 ($65.12) price objective on Scout24 and gave the stock a buy rating in a research report on Monday, August 5th. Royal Bank of Canada set a €43.00 ($50.00) price objective on Scout24 and gave the stock a neutral rating in a research report on Tuesday, August 13th. Credit Suisse Group set a €50.00 ($58.14) price objective on Scout24 and gave the stock a neutral rating in a research report on Wednesday, June 5th. Goldman Sachs Group set a €54.70 ($63.60) price objective on Scout24 and gave the stock a buy rating in a research report on Monday, August 12th. Finally, Warburg Research set a €45.00 ($52.33) price objective on Scout24 and gave the stock a neutral rating in a research report on Wednesday. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the company. Scout24 currently has an average rating of Hold and an average price target of €46.59 ($54.18).

ETR:G24 opened at €52.05 ($60.52) on Wednesday. The company has a current ratio of 1.28, a quick ratio of 1.16 and a debt-to-equity ratio of 61.70. The stock has a market cap of $5.60 billion and a price-to-earnings ratio of 37.45. The stock has a 50-day moving average price of €49.63 and a two-hundred day moving average price of €46.36. Scout24 has a 1 year low of €33.22 ($38.63) and a 1 year high of €53.25 ($61.92).

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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