J P Morgan Chase & Co Reaffirms “Neutral” Rating for Scout24 AG (G24)

Scout24 AG (ETR:G24)‘s stock had its “neutral” rating reissued by analysts at J P Morgan Chase & Co in a note issued to investors on Thursday.

Several other research analysts also recently commented on the company. Commerzbank Ag set a €39.00 ($45.88) target price on Scout24 AG and gave the stock a “buy” rating in a report on Wednesday, June 21st. Barclays PLC set a €37.00 ($43.53) price objective on shares of Scout24 AG and gave the stock a “buy” rating in a research report on Saturday, May 20th. UBS AG set a €33.30 ($39.18) price objective on shares of Scout24 AG and gave the stock a “neutral” rating in a research report on Tuesday, July 11th. Credit Suisse Group set a €36.70 ($43.18) price objective on shares of Scout24 AG and gave the stock a “buy” rating in a research report on Thursday, June 29th. Finally, Kepler Capital Markets set a €38.50 ($45.29) price objective on shares of Scout24 AG and gave the stock a “buy” rating in a research report on Friday, June 23rd. Three analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of €36.77 ($43.26).

Shares of Scout24 AG (ETR G24) opened at 33.352 on Thursday. The company has a 50-day moving average price of €32.69 and a 200 day moving average price of €32.68. Scout24 AG has a 52-week low of €28.45 and a 52-week high of €41.00. The firm has a market capitalization of €3.51 billion and a PE ratio of 46.194.

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About Scout24 AG

Scout24 AG, formerly Asa NewCo GmbH, is a Germany-based holding company engaged in the Internet services industry. Through its subsidiaries, the Company provides digital classified advertisement platforms in Germany and other European countries, notably Scout24.com, ImmobilienScout24.de and Autoscout24.com.

Analyst Recommendations for Scout24 AG (ETR:G24)

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