Shares of Scout24 AG (ETR:G24) have been given an average rating of “Buy” by the nine ratings firms that are presently covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is €37.52 ($44.67).

G24 has been the topic of several recent analyst reports. Goldman Sachs Group, Inc. (The) set a €39.00 ($46.43) price target on Scout24 AG and gave the company a “buy” rating in a research note on Wednesday, September 6th. Morgan Stanley set a €40.00 ($47.62) price target on Scout24 AG and gave the company a “buy” rating in a research note on Thursday, August 17th. J P Morgan Chase & Co reissued a “neutral” rating on shares of Scout24 AG in a research note on Thursday, August 10th. Barclays PLC set a €37.65 ($44.82) price target on Scout24 AG and gave the company a “buy” rating in a research note on Thursday, August 10th. Finally, Kepler Capital Markets set a €38.50 ($45.83) price target on Scout24 AG and gave the company a “buy” rating in a research note on Wednesday, August 9th.

Shares of Scout24 AG (ETR:G24) traded up 0.90% during mid-day trading on Wednesday, hitting €34.40. 300 shares of the company were exchanged. The firm has a 50 day moving average of €33.22 and a 200 day moving average of €32.82. The company has a market capitalization of €3.70 billion and a price-to-earnings ratio of 40.47. Scout24 AG has a 12-month low of €28.45 and a 12-month high of €34.99.

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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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