Scout24 SE (OTCMKTS:SCOTF) Receives Average Recommendation of “Buy” from Brokerages

Scout24 SE (OTCMKTS:SCOTFGet Free Report) has been given an average rating of “Buy” by the six brokerages that are currently covering the stock, Marketbeat reports. Six equities research analysts have rated the stock with a buy recommendation.

Several research firms have weighed in on SCOTF. The Goldman Sachs Group initiated coverage on shares of Scout24 in a report on Thursday, June 4th. They set a “buy” rating on the stock. Citigroup restated a “buy” rating on shares of Scout24 in a report on Wednesday, May 27th.

Read Our Latest Research Report on Scout24

Scout24 Stock Performance

Shares of Scout24 stock opened at $83.23 on Friday. Scout24 has a one year low of $81.30 and a one year high of $85.00. The stock’s 50-day moving average is $84.79 and its 200 day moving average is $101.38.

Scout24 Company Profile

(Get Free Report)

Scout24 AG is a Germany-based operator of digital marketplaces specializing in real estate and automotive sectors. Headquartered in Munich, the company’s flagship platforms include ImmobilienScout24, a leading online property portal in Germany and Austria, and AutoScout24, one of Europe’s largest online marketplaces for new and used vehicles. These platforms connect private individuals, brokers and dealers with prospective buyers through searchable listings, digital marketing tools and ancillary services such as valuation modules and financing calculators.

Founded in 1998 as ImmobilienScout GmbH and rebranded to Scout24 AG in 2004, the company has expanded its footprint to serve multiple European markets.

Further Reading

Analyst Recommendations for Scout24 (OTCMKTS:SCOTF)

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