Scout24 AG (G24) PT Set at €39.00 by Barclays PLC

Scout24 AG (ETR:G24) received a €39.00 ($45.88) price objective from research analysts at Barclays PLC in a research report issued on Tuesday. The firm presently has a “buy” rating on the stock.

G24 has been the subject of several other research reports. Kepler Capital Markets set a €38.50 ($45.29) price target on Scout24 AG and gave the company a “buy” rating in a research note on Friday, June 23rd. Goldman Sachs Group, Inc. (The) set a €39.00 ($45.88) target price on Scout24 AG and gave the stock a “buy” rating in a research report on Wednesday, September 6th. Commerzbank Ag set a €39.00 ($45.88) target price on Scout24 AG and gave the stock a “buy” rating in a research report on Monday, August 7th. Warburg Research set a €36.00 ($42.35) target price on Scout24 AG and gave the stock a “neutral” rating in a research report on Wednesday, August 2nd. Finally, J P Morgan Chase & Co set a €34.00 ($40.00) target price on Scout24 AG and gave the stock a “neutral” rating in a research report on Wednesday, August 2nd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the stock. Scout24 AG presently has a consensus rating of “Buy” and a consensus price target of €36.35 ($42.76).

Shares of Scout24 AG (ETR G24) opened at 34.677 on Tuesday. Scout24 AG has a 1-year low of €28.45 and a 1-year high of €35.98. The stock’s 50 day moving average is €34.45 and its 200-day moving average is €33.12. The stock has a market cap of €3.73 billion and a price-to-earnings ratio of 40.796.

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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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