Scout24 (G24) Given a €38.50 Price Target at Kepler Capital Markets
Other analysts have also recently issued research reports about the stock. Morgan Stanley set a €40.00 ($47.62) price objective on shares of Scout24 and gave the stock a buy rating in a report on Thursday, August 17th. Oddo Bhf set a €28.00 ($33.33) price objective on shares of Scout24 and gave the company a sell rating in a research report on Thursday, September 21st. Commerzbank set a €39.00 ($46.43) target price on shares of Scout24 and gave the stock a buy rating in a research report on Thursday, November 9th. Warburg Research set a €36.00 ($42.86) target price on shares of Scout24 and gave the stock a neutral rating in a research report on Thursday, November 2nd. Finally, Goldman Sachs Group set a €39.00 ($46.43) price objective on shares of Scout24 and gave the stock a buy rating in a research report on Wednesday, November 15th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and eight have issued a buy rating to the company. The company presently has an average rating of Hold and a consensus price target of €36.41 ($43.35).
Shares of Scout24 (ETR:G24) traded down €0.47 ($0.56) during midday trading on Thursday, reaching €34.05 ($40.54). 264,056 shares of the company’s stock were exchanged, compared to its average volume of 246,657. Scout24 has a one year low of €29.81 ($35.49) and a one year high of €35.97 ($42.82).
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Scout24 AG, formerly Asa NewCo GmbH, is a Germany-based holding company engaged in the Internet services industry. Through its subsidiaries, the Company provides digital classified advertisement platforms in Germany and other European countries, notably Scout24.com, ImmobilienScout24.de and Autoscout24.com.
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