Scout24 (G24) PT Set at €50.00 by Kepler Capital Markets

Scout24 (ETR:G24) has been assigned a €50.00 ($58.14) price target by equities researchers at Kepler Capital Markets in a research report issued to clients and investors on Tuesday. The brokerage currently has a “buy” rating on the stock. Kepler Capital Markets’ price objective points to a potential upside of 21.12% from the stock’s previous close.

A number of other brokerages also recently commented on G24. Barclays set a €45.70 ($53.14) price objective on shares of Scout24 and gave the company a “neutral” rating in a research report on Monday, February 4th. UBS Group set a €43.20 ($50.23) price objective on shares of Scout24 and gave the company a “buy” rating in a research report on Wednesday, February 6th. JPMorgan Chase & Co. set a €50.00 ($58.14) price objective on shares of Scout24 and gave the company a “buy” rating in a research report on Wednesday, January 9th. Royal Bank of Canada set a €43.00 ($50.00) price objective on shares of Scout24 and gave the company a “neutral” rating in a research report on Tuesday. Finally, Goldman Sachs Group set a €47.00 ($54.65) price objective on shares of Scout24 and gave the company a “neutral” rating in a research report on Tuesday. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and eight have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of €44.49 ($51.73).

Shares of G24 opened at €41.28 ($48.00) on Tuesday. Scout24 has a 52 week low of €29.81 ($34.66) and a 52 week high of €37.60 ($43.72).

About Scout24

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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Analyst Recommendations for Scout24 (ETR:G24)

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