Scout24 (G24) Given a €40.50 Price Target by Kepler Capital Markets Analysts
Several other analysts have also issued reports on G24. Warburg Research set a €36.00 ($44.44) target price on Scout24 and gave the company a neutral rating in a research note on Thursday, November 2nd. UBS Group set a €33.30 ($41.11) price objective on Scout24 and gave the company a neutral rating in a research note on Thursday, November 9th. Morgan Stanley set a €40.00 ($49.38) price objective on Scout24 and gave the company a buy rating in a research note on Wednesday, October 25th. Barclays set a €41.50 ($51.23) price objective on Scout24 and gave the company a buy rating in a research note on Monday, January 29th. Finally, JPMorgan Chase & Co. reiterated a neutral rating on shares of Scout24 in a research note on Wednesday, November 8th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and eight have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus price target of €36.78 ($45.41).
Shares of Scout24 (G24) opened at €35.40 ($43.70) on Monday. The stock has a market capitalization of $3,810.00 and a price-to-earnings ratio of 37.66. Scout24 has a one year low of €29.81 ($36.80) and a one year high of €37.60 ($46.42).
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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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