Scout24 AG (ETR:G24) Receives Average Recommendation of “Buy” from Brokerages

Scout24 AG (ETR:G24) has been assigned a consensus recommendation of “Buy” from the eleven analysts that are presently covering the stock, Marketbeat reports. Four investment analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is €58.80 ($68.37).

A number of brokerages recently commented on G24. Barclays set a €55.40 ($64.42) price objective on Scout24 and gave the stock a “neutral” rating in a research report on Monday, December 16th. HSBC set a €64.00 ($74.42) price objective on Scout24 and gave the stock a “buy” rating in a research report on Friday, November 29th. Goldman Sachs Group set a €62.90 ($73.14) price objective on Scout24 and gave the stock a “buy” rating in a research report on Wednesday, December 18th. Deutsche Bank set a €64.00 ($74.42) target price on Scout24 and gave the company a “buy” rating in a research report on Friday, November 29th. Finally, Royal Bank of Canada set a €49.00 ($56.98) target price on Scout24 and gave the company a “neutral” rating in a research report on Wednesday, November 27th.

Scout24 stock traded up €1.05 ($1.22) during trading on Friday, reaching €60.40 ($70.23). 357,579 shares of the company were exchanged, compared to its average volume of 223,980. Scout24 has a 52-week low of €38.28 ($44.51) and a 52-week high of €60.05 ($69.83). The company has a market capitalization of $6.39 billion and a P/E ratio of 43.83. The company has a debt-to-equity ratio of 75.12, a current ratio of 1.52 and a quick ratio of 1.42. The stock’s 50 day simple moving average is €56.90 and its two-hundred day simple moving average is €52.67.

Scout24 Company Profile

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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