Scout24 (G24) Given a €38.50 Price Target by Kepler Capital Markets Analysts
Scout24 (ETR:G24) received a €38.50 ($45.83) price objective from analysts at Kepler Capital Markets in a research report issued to clients and investors on Tuesday. The brokerage presently has a “buy” rating on the stock. Kepler Capital Markets’ target price points to a potential upside of 11.98% from the stock’s current price.
Several other analysts have also weighed in on G24. Warburg Research set a €36.00 ($42.86) price objective on Scout24 and gave the stock a “neutral” rating in a report on Wednesday, August 2nd. J P Morgan Chase & Co set a €34.00 ($40.48) price objective on Scout24 and gave the stock a “neutral” rating in a report on Wednesday, August 2nd. Commerzbank set a €39.00 ($46.43) price objective on Scout24 and gave the stock a “buy” rating in a report on Monday, August 7th. Goldman Sachs Group set a €39.00 ($46.43) price objective on Scout24 and gave the stock a “buy” rating in a report on Thursday, August 10th. Finally, Barclays set a €37.65 ($44.82) price objective on Scout24 and gave the stock a “buy” rating in a report on Thursday, August 10th. One research analyst has rated the stock with a sell rating, three have given a hold rating and eight have issued a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of €36.86 ($43.89).
Shares of Scout24 (G24) opened at €34.38 ($40.93) on Tuesday. Scout24 has a fifty-two week low of €29.81 ($35.49) and a fifty-two week high of €35.97 ($42.82).
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Scout24 Company Profile
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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