Scout24 (ETR:G24) PT Set at €66.00 by UBS Group
UBS Group set a €66.00 ($76.74) target price on Scout24 (ETR:G24) in a report published on Tuesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Other analysts have also recently issued research reports about the company. HSBC set a €64.00 ($74.42) target price on Scout24 and gave the stock a buy rating in a report on Friday, November 29th. JPMorgan Chase & Co. restated a buy rating and issued a price target on shares of Scout24 in a report on Tuesday, January 21st. Barclays set a €63.00 ($73.26) price target on shares of Scout24 and gave the company a neutral rating in a research report on Thursday, January 30th. Kepler Capital Markets set a €68.50 ($79.65) price objective on shares of Scout24 and gave the stock a buy rating in a research note on Friday, January 17th. Finally, Warburg Research set a €56.00 ($65.12) price objective on shares of Scout24 and gave the stock a neutral rating in a research note on Monday, December 30th. Four investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Scout24 presently has a consensus rating of Buy and a consensus target price of €61.55 ($71.58).
Scout24 stock opened at €65.00 ($75.58) on Tuesday. The stock’s 50-day moving average is €61.65 and its 200-day moving average is €55.23. The company has a market cap of $6.99 billion and a price-to-earnings ratio of 47.17. The company has a debt-to-equity ratio of 75.12, a current ratio of 1.52 and a quick ratio of 1.42. Scout24 has a 12 month low of €40.14 ($46.67) and a 12 month high of €63.00 ($73.26).
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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