Barclays set a €45.70 ($53.14) price objective on Scout24 (ETR:G24) in a research note released on Monday, February 4th. The firm currently has a neutral rating on the stock.
Several other research firms have also issued reports on G24. Kepler Capital Markets set a €50.00 ($58.14) price target on shares of Scout24 and gave the company a buy rating in a research report on Wednesday, November 7th. equinet set a €44.00 ($51.16) price target on shares of Scout24 and gave the company a neutral rating in a research report on Wednesday, November 7th. Oddo Bhf set a €28.00 ($32.56) price objective on shares of Scout24 and gave the company a sell rating in a research note on Monday, November 5th. UBS Group set a €43.20 ($50.23) price objective on shares of Scout24 and gave the company a buy rating in a research note on Tuesday, January 22nd. Finally, Bank of America set a €37.00 ($43.02) price objective on shares of Scout24 and gave the company a sell rating in a research note on Monday, January 7th. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating and seven have assigned a buy rating to the stock. The company currently has a consensus rating of Hold and an average target price of €44.92 ($52.23).
ETR G24 traded down €0.12 ($0.14) during trading on Monday, hitting €46.18 ($53.70). 568,003 shares of the company’s stock traded hands, compared to its average volume of 223,980. Scout24 has a 12-month low of €29.81 ($34.66) and a 12-month high of €37.60 ($43.72).
Scout24 AG operates digital marketplaces specializing in the real estate and automotive sectors in Germany and other European countries. The company operates through ImmobilienScout24 and AutoScout24segments. The ImmobilienScout24 segment operates real estate classifieds portal for commercial and private customers for the sale and rental of real estate, as well as offers advertising services to third-party suppliers, such as insurance and financial service providers, utilities, or removal companies.
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