Kepler Capital Markets Reiterates €40.50 Price Target for Scout24 (G24)

Kepler Capital Markets set a €40.50 ($50.00) price objective on Scout24 (ETR:G24) in a research note issued to investors on Monday morning. The firm currently has a buy rating on the stock.

A number of other equities research analysts also recently issued reports on G24. Barclays set a €39.00 ($48.15) price objective on shares of Scout24 and gave the company a buy rating in a research report on Tuesday, October 10th. Morgan Stanley set a €40.00 ($49.38) price objective on shares of Scout24 and gave the company a buy rating in a research report on Wednesday, October 25th. Warburg Research set a €36.00 ($44.44) price objective on shares of Scout24 and gave the company a neutral rating in a research report on Thursday, November 2nd. UBS Group set a €33.30 ($41.11) price objective on shares of Scout24 and gave the company a neutral rating in a research report on Friday, November 3rd. Finally, Oddo Bhf set a €28.00 ($34.57) price objective on shares of Scout24 and gave the company a sell rating in a research report on Friday, November 3rd. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and eight have given a buy rating to the stock. Scout24 has an average rating of Hold and an average target price of €36.78 ($45.41).

Shares of Scout24 (ETR:G24) opened at €35.86 ($44.27) on Monday. Scout24 has a 1 year low of €29.81 ($36.80) and a 1 year high of €37.60 ($46.42). The stock has a market cap of $3,860.00 and a price-to-earnings ratio of 38.15.

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About Scout24

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.

Analyst Recommendations for Scout24 (ETR:G24)

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