Scout24 (ETR:G24) Given a €71.60 Price Target at Goldman Sachs Group

Goldman Sachs Group set a €71.60 ($83.26) price objective on Scout24 (ETR:G24) in a report released on Monday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

Other analysts also recently issued research reports about the stock. JPMorgan Chase & Co. set a €73.00 ($84.88) price target on shares of Scout24 and gave the company a buy rating in a report on Monday, March 16th. Royal Bank of Canada set a €49.00 ($56.98) price target on shares of Scout24 and gave the company a neutral rating in a report on Wednesday, February 19th. UBS Group reaffirmed a buy rating on shares of Scout24 in a report on Wednesday, March 4th. HSBC set a €64.00 ($74.42) price target on shares of Scout24 and gave the company a buy rating in a report on Friday, November 29th. Finally, Deutsche Bank set a €75.00 ($87.21) price target on shares of Scout24 and gave the company a buy rating in a report on Monday, February 17th. Four research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Scout24 currently has a consensus rating of Buy and an average price target of €61.51 ($71.52).

ETR:G24 opened at €53.15 ($61.80) on Monday. The company has a current ratio of 1.52, a quick ratio of 1.42 and a debt-to-equity ratio of 75.12. The firm has a 50-day moving average price of €58.59 and a two-hundred day moving average price of €56.37. Scout24 has a twelve month low of €42.00 ($48.84) and a twelve month high of €65.75 ($76.45). The company has a market capitalization of $5.72 billion and a P/E ratio of 38.57.

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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