Scout24 (ETR:G24) Given a €52.20 Price Target by Barclays Analysts

Barclays set a €52.20 ($60.70) price target on Scout24 (ETR:G24) in a research report report published on Wednesday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

A number of other brokerages have also weighed in on G24. Royal Bank of Canada set a €43.00 ($50.00) target price on Scout24 and gave the stock a neutral rating in a research note on Tuesday, August 13th. Goldman Sachs Group set a €54.70 ($63.60) target price on Scout24 and gave the stock a buy rating in a research note on Monday, August 12th. Morgan Stanley set a €52.00 ($60.47) target price on Scout24 and gave the stock a buy rating in a research note on Monday, July 1st. Warburg Research set a €45.00 ($52.33) target price on Scout24 and gave the stock a neutral rating in a research note on Wednesday. Finally, Credit Suisse Group set a €50.00 ($58.14) target price on Scout24 and gave the stock a neutral rating in a research note on Wednesday, June 5th. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the company. Scout24 currently has a consensus rating of Hold and a consensus target price of €46.59 ($54.18).

Shares of ETR G24 opened at €52.05 ($60.52) on Wednesday. The firm has a market cap of $5.60 billion and a P/E ratio of 37.45. The company has a current ratio of 1.28, a quick ratio of 1.16 and a debt-to-equity ratio of 61.70. Scout24 has a 1-year low of €33.22 ($38.63) and a 1-year high of €53.25 ($61.92). The business’s 50 day moving average is €49.63 and its 200-day moving average is €46.36.

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, 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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