Scout24 SE (OTCMKTS:SCOTF) Receives Average Rating of “Buy” from Analysts

Scout24 SE (OTCMKTS:SCOTF) has received a consensus rating of “Buy” from the six ratings firms that are currently covering the stock, MarketBeat reports. Six equities research analysts have rated the stock with a buy recommendation.

Several brokerages have recently weighed in on SCOTF. Citigroup restated a “buy” rating on shares of Scout24 in a report on Wednesday, May 27th. The Goldman Sachs Group began coverage on Scout24 in a report on Thursday. They issued a “buy” rating for the company. Finally, UBS Group upgraded Scout24 to a “buy” rating in a report on Monday, February 9th.

Scout24 Price Performance

OTCMKTS:SCOTF opened at $85.00 on Thursday. The business has a fifty day moving average of $97.72 and a 200-day moving average of $109.15. Scout24 has a 1 year low of $81.30 and a 1 year high of $85.00.

Scout24 Company Profile

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.