Scout24 (ETR:G24) Given a €54.70 Price Target by Goldman Sachs Group Analysts

Goldman Sachs Group set a €54.70 ($63.60) target price on Scout24 (ETR:G24) in a research report sent to investors on Monday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

A number of other research analysts have also recently commented on the stock. JPMorgan Chase & Co. set a €54.00 ($62.79) target price on shares of Scout24 and gave the stock a buy rating in a report on Friday, July 19th. UBS Group set a €49.00 ($56.98) target price on shares of Scout24 and gave the stock a neutral rating in a report on Monday, July 29th. Credit Suisse Group set a €50.00 ($58.14) target price on shares of Scout24 and gave the stock a neutral rating in a report on Wednesday, June 5th. Kepler Capital Markets set a €49.00 ($56.98) target price on shares of Scout24 and gave the stock a neutral rating in a report on Tuesday, May 14th. Finally, Barclays set a €47.00 ($54.65) target price on shares of Scout24 and gave the stock a neutral rating in a report on Friday, May 24th. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have given a buy rating to the company. The stock presently has an average rating of Hold and a consensus price target of €46.59 ($54.18).

G24 stock opened at €51.50 ($59.88) on Monday. The stock has a market capitalization of $5.54 billion and a P/E ratio of 34.63. The company has a current ratio of 1.42, a quick ratio of 1.10 and a debt-to-equity ratio of 66.94. Scout24 has a 12 month low of €33.22 ($38.63) and a 12 month high of €51.75 ($60.17). The firm has a 50-day moving average price of €49.53 and a 200-day moving average price of €46.33.

Scout24 Company Profile

Scout24 AG operates digital marketplaces specializing in the real estate and automotive sectors in Germany and other European countries. The company operates through ImmobilienScout24, AutoScout24, and Scout24 Consumer Services segments. The ImmobilienScout24 segment operates real estate classifieds portal for commercial and private customers for the sale and rental of real estate properties, as well as offers support services, such as customer acquisition and care for business real estate professionals.

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Analyst Recommendations for Scout24 (ETR:G24)

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