Scout24 (ETR:G24) received a €31.00 ($36.90) price target from equinet in a report released on Tuesday. The brokerage presently has a “sell” rating on the stock. equinet’s price target points to a potential downside of 9.56% from the company’s previous close.
Several other analysts have also recently issued reports on G24. Warburg Research set a €36.00 ($42.86) price target on shares of Scout24 and gave the company a “neutral” rating in a report on Thursday, November 2nd. UBS Group set a €33.30 ($39.64) price target on shares of Scout24 and gave the company a “neutral” rating in a report on Thursday, November 9th. Morgan Stanley set a €40.00 ($47.62) price target on shares of Scout24 and gave the company a “buy” rating in a report on Wednesday, October 25th. Barclays set a €39.00 ($46.43) price target on shares of Scout24 and gave the company a “buy” rating in a report on Friday, September 29th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Scout24 in a report on Wednesday, November 8th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and eight have assigned a buy rating to the company’s stock. Scout24 currently has a consensus rating of “Hold” and an average target price of €36.41 ($43.35).
Shares of Scout24 (ETR G24) opened at €34.28 ($40.80) on Tuesday. The stock has a market cap of $3,670.00 and a price-to-earnings ratio of 36.46. Scout24 has a twelve month low of €29.81 ($35.49) and a twelve month 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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