Barclays PLC Reiterates “€39.00” Price Target for Scout24 AG (G24)
A number of other equities analysts also recently weighed in on G24. Kepler Capital Markets set a €38.50 ($45.29) target price on Scout24 AG and gave the stock a buy rating in a research note on Wednesday, August 9th. J P Morgan Chase & Co reaffirmed a neutral rating on shares of Scout24 AG in a research report on Thursday, August 10th. Goldman Sachs Group, Inc. (The) set a €39.00 ($45.88) price target on Scout24 AG and gave the company a buy rating in a research report on Thursday, August 10th. Morgan Stanley set a €40.00 ($47.06) price target on Scout24 AG and gave the stock a buy rating in a report on Thursday, August 17th. Finally, Commerzbank Ag set a €39.00 ($45.88) price target on Scout24 AG and gave the stock a buy rating in a report on Monday, August 7th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the stock. The stock presently has a consensus rating of Buy and a consensus target price of €36.35 ($42.76).
Shares of Scout24 AG (G24) opened at 35.512 on Friday. The firm’s 50-day moving average price is €34.31 and its 200 day moving average price is €33.01. Scout24 AG has a one year low of €28.45 and a one year high of €35.51. The firm has a market cap of €3.82 billion and a P/E ratio of 41.779.
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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.
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