Scout24 AG (G24) Receives Consensus Rating of “Hold” from Brokerages

Scout24 AG (ETR:G24) has received a consensus rating of “Hold” from the eighteen research firms that are covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have issued a buy rating on the company. The average 12-month target price among analysts that have covered the stock in the last year is €44.74 ($52.02).

G24 has been the topic of several recent analyst reports. JPMorgan Chase & Co. set a €50.00 ($58.14) price target on shares of Scout24 and gave the company a “buy” rating in a report on Wednesday, January 9th. UBS Group set a €43.20 ($50.23) price target on shares of Scout24 and gave the company a “buy” rating in a report on Wednesday, February 6th. Deutsche Bank reiterated a “buy” rating on shares of Scout24 in a report on Thursday, December 13th. Kepler Capital Markets set a €50.00 ($58.14) price target on shares of Scout24 and gave the company a “buy” rating in a report on Tuesday, February 12th. Finally, Goldman Sachs Group set a €47.00 ($54.65) price target on shares of Scout24 and gave the company a “neutral” rating in a report on Monday, January 21st.

Shares of ETR G24 remained flat at $€46.14 ($53.65) during mid-day trading on Thursday. 198,886 shares of the company traded hands, compared to its average volume of 223,980. The company has a current ratio of 0.78, a quick ratio of 0.68 and a debt-to-equity ratio of 77.17. Scout24 has a 12 month low of €33.22 ($38.63) and a 12 month high of €48.62 ($56.53). The stock has a market capitalization of $4.96 billion and a P/E ratio of 38.45.

Scout24 Company Profile

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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Analyst Recommendations for Scout24 (ETR:G24)

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