Scout24 (ETR:G24) has been assigned a €31.00 ($36.90) target price by stock analysts at equinet in a research note issued to investors on Tuesday. The brokerage currently has a “sell” rating on the stock. equinet’s price objective suggests a potential downside of 8.97% from the company’s previous close.
A number of other research analysts also recently commented on G24. Goldman Sachs Group set a €39.00 ($46.43) target price on Scout24 and gave the company a “buy” rating in a research report on Thursday, August 10th. Morgan Stanley set a €40.00 ($47.62) target price on Scout24 and gave the company a “buy” rating in a research report on Thursday, August 17th. Oddo Bhf set a €28.00 ($33.33) target price on Scout24 and gave the company a “sell” rating in a research report on Thursday, September 21st. Kepler Capital Markets set a €38.50 ($45.83) target price on Scout24 and gave the company a “buy” rating in a research report on Wednesday, November 8th. Finally, J P Morgan Chase & Co reiterated a “neutral” rating on shares of Scout24 in a research report on Thursday, August 10th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and eight have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of €36.41 ($43.35).
Scout24 (ETR:G24) opened at €34.06 ($40.54) on Tuesday. Scout24 has a 52 week low of €29.81 ($35.49) and a 52 week 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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