Bank of America set a €37.00 ($43.02) target price on Scout24 (ETR:G24) in a research note released on Monday morning. The firm currently has a sell rating on the stock.
G24 has been the topic of a number of other reports. Morgan Stanley reiterated a buy rating on shares of Scout24 in a report on Monday, November 19th. Credit Suisse Group set a €41.30 ($48.02) target price on Scout24 and gave the stock a neutral rating in a report on Thursday, November 8th. Royal Bank of Canada set a €43.00 ($50.00) target price on Scout24 and gave the stock a neutral rating in a report on Friday, November 16th. UBS Group set a €43.20 ($50.23) target price on Scout24 and gave the stock a buy rating in a report on Monday, November 26th. Finally, Goldman Sachs Group set a €41.90 ($48.72) target price on Scout24 and gave the stock a neutral rating in a report on Monday, November 5th. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have issued a buy rating to the company’s stock. Scout24 has an average rating of Hold and a consensus price target of €44.26 ($51.46).
Scout24 stock opened at €40.00 ($46.51) on Monday. Scout24 has a 52-week low of €29.81 ($34.66) and a 52-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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