Barclays Analysts Give Scout24 (G24) a €45.70 Price Target
Scout24 (ETR:G24) has been assigned a €45.70 ($53.14) target price by investment analysts at Barclays in a note issued to investors on Tuesday. The firm currently has a “neutral” rating on the stock. Barclays‘s price target points to a potential upside of 11.74% from the stock’s current price.
A number of other research analysts also recently weighed in on the stock. Deutsche Bank set a €51.00 ($59.30) price objective on shares of Scout24 and gave the stock a “buy” rating in a research report on Tuesday, December 4th. Goldman Sachs Group set a €47.00 ($54.65) price target on shares of Scout24 and gave the stock a “neutral” rating in a research report on Monday, January 14th. Bank of America set a €37.00 ($43.02) price target on shares of Scout24 and gave the stock a “sell” rating in a research report on Monday, January 7th. UBS Group set a €43.20 ($50.23) price target on shares of Scout24 and gave the stock a “buy” rating in a research report on Monday, October 29th. Finally, Morgan Stanley restated a “buy” rating on shares of Scout24 in a research report on Monday, November 19th. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of €44.49 ($51.73).
ETR G24 traded up €0.20 ($0.23) on Tuesday, reaching €40.90 ($47.56). 221,252 shares of the company’s stock traded hands, compared to its average volume of 223,980. Scout24 has a fifty-two week low of €29.81 ($34.66) and a fifty-two week high of €37.60 ($43.72).
Scout24 AG operates digital marketplaces specializing in the real estate and automotive sectors in Germany and other European countries. The company operates through ImmobilienScout24 and AutoScout24segments. The ImmobilienScout24 segment operates real estate classifieds portal for commercial and private customers for the sale and rental of real estate, as well as offers advertising services to third-party suppliers, such as insurance and financial service providers, utilities, or removal companies.
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