Scout24 (ETR:G24) PT Set at €63.00 by JPMorgan Chase & Co.

JPMorgan Chase & Co. set a €63.00 ($73.26) target price on Scout24 (ETR:G24) in a research note published on Monday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

Several other analysts have also issued reports on the company. UBS Group reaffirmed a buy rating on shares of Scout24 in a research note on Wednesday, March 4th. Kepler Capital Markets set a €68.50 ($79.65) price target on shares of Scout24 and gave the stock a buy rating in a research note on Friday, January 17th. Warburg Research set a €56.00 ($65.12) price objective on shares of Scout24 and gave the stock a neutral rating in a report on Monday, December 30th. Royal Bank of Canada set a €49.00 ($56.98) price objective on shares of Scout24 and gave the company a neutral rating in a research note on Wednesday, February 19th. Finally, HSBC set a €64.00 ($74.42) target price on shares of Scout24 and gave the company a buy rating in a report on Friday, November 29th. Four analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock presently has an average rating of Buy and an average target price of €61.51 ($71.52).

Shares of ETR G24 opened at €53.15 ($61.80) on Monday. The stock has a market cap of $5.72 billion and a price-to-earnings ratio of 38.57. The company has a current ratio of 1.52, a quick ratio of 1.42 and a debt-to-equity ratio of 75.12. Scout24 has a 1-year low of €42.00 ($48.84) and a 1-year high of €65.75 ($76.45). The stock’s 50-day moving average is €58.59 and its 200 day moving average is €56.37.

About Scout24

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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