Scout24 SE (OTCMKTS:SCOTF) Given Consensus Rating of “Buy” by Analysts

Scout24 SE (OTCMKTS:SCOTF) has received an average recommendation of “Buy” from the six brokerages that are currently covering the firm, Marketbeat reports. Six analysts have rated the stock with a buy rating.

A number of research firms have recently commented on SCOTF. The Goldman Sachs Group started coverage on Scout24 in a report on Thursday, June 4th. They set a “buy” rating for the company. Citigroup reiterated a “buy” rating on shares of Scout24 in a report on Wednesday, May 27th.

Scout24 Price Performance

OTCMKTS:SCOTF opened at $85.00 on Tuesday. Scout24 has a fifty-two week low of $81.30 and a fifty-two week high of $85.00. The firm’s 50 day moving average is $84.22 and its two-hundred day moving average is $96.47.

Scout24 Company Profile

Scout24 AG is a Germany-based operator of digital marketplaces specializing in real estate and automotive sectors. Headquartered in Munich, the company’s flagship platforms include ImmobilienScout24, a leading online property portal in Germany and Austria, and AutoScout24, one of Europe’s largest online marketplaces for new and used vehicles. These platforms connect private individuals, brokers and dealers with prospective buyers through searchable listings, digital marketing tools and ancillary services such as valuation modules and financing calculators.

Founded in 1998 as ImmobilienScout GmbH and rebranded to Scout24 AG in 2004, the company has expanded its footprint to serve multiple European markets.