Scout24 (G24) Given a €43.20 Price Target by UBS Group Analysts
UBS Group set a €43.20 ($50.23) target price on Scout24 (ETR:G24) in a research report sent to investors on Monday morning, www.boersen-zeitung.de reports. The brokerage currently has a buy rating on the stock.
G24 has been the subject of a number of other research reports. Kepler Capital Markets set a €50.00 ($58.14) target price on shares of Scout24 and gave the stock a buy rating in a report on Tuesday, February 12th. JPMorgan Chase & Co. set a €44.00 ($51.16) target price on shares of Scout24 and gave the stock a neutral rating in a report on Wednesday, November 7th. Royal Bank of Canada set a €43.00 ($50.00) target price on shares of Scout24 and gave the stock a neutral rating in a report on Friday, November 16th. Morgan Stanley reissued a buy rating on shares of Scout24 in a report on Monday, November 19th. Finally, Goldman Sachs Group set a €47.00 ($54.65) price objective on shares of Scout24 and gave the company a neutral rating in a report on Monday, January 14th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have given a buy rating to the stock. The stock has an average rating of Hold and a consensus price target of €44.76 ($52.05).
G24 stock opened at €46.06 ($53.56) on Monday. Scout24 has a 12 month low of €29.81 ($34.66) and a 12 month high of €37.60 ($43.72).
Scout24 AG operates digital marketplaces specializing in the real estate and automotive sectors in Germany and other European countries. The company operates through ImmobilienScout24 and AutoScout24segments. The ImmobilienScout24 segment operates real estate classifieds portal for commercial and private customers for the sale and rental of real estate, as well as offers advertising services to third-party suppliers, such as insurance and financial service providers, utilities, or removal companies.
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