UBS Group set a €62.00 ($72.09) price objective on Scout24 (ETR:G24) in a research report report published on Thursday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other research firms have also recently weighed in on G24. JPMorgan Chase & Co. set a €58.00 ($67.44) target price on shares of Scout24 and gave the company a buy rating in a research note on Thursday. Goldman Sachs Group set a €60.60 ($70.47) target price on shares of Scout24 and gave the company a buy rating in a research note on Thursday. Warburg Research set a €45.00 ($52.33) target price on shares of Scout24 and gave the company a neutral rating in a research note on Wednesday, August 14th. Barclays set a €53.50 ($62.21) price objective on shares of Scout24 and gave the stock a neutral rating in a research note on Wednesday, October 16th. Finally, HSBC set a €62.00 ($72.09) price objective on shares of Scout24 and gave the stock a buy rating in a research note on Monday, October 21st. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus price target of €52.78 ($61.37).
ETR G24 opened at €52.05 ($60.52) on Thursday. The stock has a market cap of $5.73 billion and a P/E ratio of 37.45. The company’s 50-day simple moving average is €53.10 and its 200 day simple moving average is €49.42. Scout24 has a twelve month low of €34.18 ($39.74) and a twelve month high of €55.90 ($65.00). The company has a quick ratio of 1.16, a current ratio of 1.28 and a debt-to-equity ratio of 61.70.
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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