Scout24 (G24) Given a €36.00 Price Target at Warburg Research

Warburg Research set a €36.00 ($42.86) price objective on Scout24 (ETR:G24) in a report issued on Tuesday. The brokerage currently has a neutral rating on the stock.

Several other brokerages have also recently issued reports on G24. equinet set a €31.00 ($36.90) price objective on shares of Scout24 and gave the company a sell rating in a research note on Wednesday, December 20th. Kepler Capital Markets set a €38.50 ($45.83) price objective on shares of Scout24 and gave the company a buy rating in a research note on Wednesday, November 8th. JPMorgan Chase & Co. set a €36.00 ($42.86) price objective on shares of Scout24 and gave the company a neutral rating in a research note on Wednesday, November 29th. Goldman Sachs Group set a €39.00 ($46.43) price objective on shares of Scout24 and gave the company a buy rating in a research note on Wednesday, November 15th. Finally, Morgan Stanley set a €40.00 ($47.62) price objective on shares of Scout24 and gave the company a buy rating in a research note on Wednesday, October 25th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and eight have given a buy rating to the company’s stock. The company has an average rating of Hold and an average price target of €36.46 ($43.40).

Shares of Scout24 (G24) traded up €0.68 ($0.81) on Tuesday, hitting €37.14 ($44.21). The stock had a trading volume of 109,093 shares, compared to its average volume of 140,027. The firm has a market capitalization of $4,000.00 and a price-to-earnings ratio of 39.51. Scout24 has a twelve month low of €29.81 ($35.49) and a twelve month high of €37.22 ($44.31).

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Scout24 Company Profile

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 (ETR:G24)

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