Shares of Scout24 AG (ETR:G24) have been assigned an average rating of “Hold” from the fourteen ratings firms that are presently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, four have given a hold rating and eight have given a buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is €37.44 ($46.22).
Several equities research analysts recently weighed in on the stock. Oddo Bhf set a €28.00 ($34.57) price objective on shares of Scout24 and gave the company a “sell” rating in a research report on Friday, March 16th. Commerzbank set a €39.00 ($48.15) price objective on shares of Scout24 and gave the company a “buy” rating in a research report on Monday, February 19th. Barclays set a €42.00 ($51.85) price objective on shares of Scout24 and gave the company a “buy” rating in a research report on Wednesday, February 14th. Royal Bank of Canada set a €37.00 ($45.68) price objective on shares of Scout24 and gave the company a “neutral” rating in a research report on Tuesday, February 13th. Finally, Goldman Sachs set a €44.00 ($54.32) price objective on shares of Scout24 and gave the company a “buy” rating in a research report on Tuesday, February 13th.
Scout24 stock opened at €35.74 ($44.12) on Friday. Scout24 has a fifty-two week low of €29.81 ($36.80) and a fifty-two week high of €37.60 ($46.42). The company has a market cap of $3,930.00 and a P/E ratio of 38.02.
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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.
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