Scout24 AG (G24.F) (ETR:G24) received a €72.00 ($84.71) target price from analysts at UBS Group in a research note issued to investors on Tuesday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock. UBS Group’s price target would suggest a potential upside of 9.76% from the company’s previous close.
A number of other equities analysts have also recently weighed in on the company. The Goldman Sachs Group set a €74.20 ($87.29) price objective on Scout24 AG (G24.F) and gave the company a “neutral” rating in a report on Thursday, December 3rd. Kepler Capital Markets set a €73.00 ($85.88) price objective on shares of Scout24 AG (G24.F) and gave the stock a “buy” rating in a report on Wednesday, December 9th. Credit Suisse Group set a €67.50 ($79.41) target price on shares of Scout24 AG (G24.F) and gave the company a “neutral” rating in a report on Friday, December 4th. Deutsche Bank Aktiengesellschaft set a €80.00 ($94.12) price target on shares of Scout24 AG (G24.F) and gave the stock a “buy” rating in a research note on Tuesday, November 3rd. Finally, Royal Bank of Canada set a €70.00 ($82.35) price target on shares of Scout24 AG (G24.F) and gave the company a “neutral” rating in a research report on Thursday, December 3rd. Six investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Scout24 AG (G24.F) currently has an average rating of “Hold” and an average price target of €71.99 ($84.69).
Shares of ETR:G24 opened at €65.60 ($77.18) on Tuesday. The firm has a market capitalization of $6.73 billion and a PE ratio of 2.90. The company has a debt-to-equity ratio of 9.88, a quick ratio of 15.47 and a current ratio of 15.58. Scout24 AG has a 52-week low of €43.50 ($51.18) and a 52-week high of €79.80 ($93.88). The firm has a fifty day moving average of €65.77 and a 200 day moving average of €71.37.
Scout24 AG operates digital marketplaces specializing in the residential and commercial real estate sectors in Germany and internationally. It 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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