Scout24 (OTCMKTS:SCOTF – Get Free Report) is expected to announce its resultson Thursday, August 6th. Analysts expect the company to announce earnings of $0.3399 per share and revenue of $217.3160 million for the quarter.
Scout24 Price Performance
Shares of OTCMKTS:SCOTF opened at $83.23 on Thursday. The firm has a fifty day moving average price of $84.65 and a two-hundred day moving average price of $100.47. Scout24 has a one year low of $81.30 and a one year high of $85.00.
Analyst Upgrades and Downgrades
SCOTF has been the topic of several research analyst reports. Citigroup reaffirmed a “buy” rating on shares of Scout24 in a report on Wednesday, May 27th. The Goldman Sachs Group began coverage on Scout24 in a research note on Thursday, June 4th. They set a “buy” rating for the company. Six investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Scout24 presently has an average rating of “Buy”.
About Scout24
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.
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