Scout24 AG (ETR:G24) has been given a €36.00 ($42.35) price target by equities research analysts at Warburg Research in a research report issued to clients and investors on Monday, July 24th. The brokerage currently has a “neutral” rating on the stock.
A number of other equities research analysts have also weighed in on G24. UBS AG set a €33.30 ($39.18) price objective on shares of Scout24 AG and gave the stock a “neutral” rating in a report on Tuesday, July 11th. Credit Suisse Group set a €36.70 ($43.18) price objective on shares of Scout24 AG and gave the stock a “buy” rating in a report on Thursday, June 29th. Kepler Capital Markets set a €38.50 ($45.29) price objective on shares of Scout24 AG and gave the stock a “buy” rating in a report on Friday, June 23rd. Commerzbank Ag set a €39.00 ($45.88) price objective on shares of Scout24 AG and gave the stock a “buy” rating in a report on Wednesday, June 21st. Finally, J P Morgan Chase & Co set a €37.00 ($43.53) price objective on shares of Scout24 AG and gave the stock a “buy” rating in a report on Tuesday, May 30th. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Scout24 AG currently has an average rating of “Buy” and a consensus price target of €37.13 ($43.68).
Scout24 AG (ETR:G24) traded up 0.134% during trading on Monday, hitting €34.285. 257 shares of the stock traded hands. Scout24 AG has a 12 month low of €28.45 and a 12 month high of €34.99. The stock has a market cap of €3.69 billion and a PE ratio of 40.335. The company has a 50-day moving average price of €32.74 and a 200-day moving average price of €32.68.
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About Scout24 AG
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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