Scout24 (G24) Given a €47.00 Price Target at Goldman Sachs Group

Scout24 (ETR:G24) received a €47.00 ($54.65) price objective from analysts at Goldman Sachs Group in a research report issued on Tuesday, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. Goldman Sachs Group’s target price suggests a potential upside of 3.43% from the company’s current price.

G24 has been the topic of several other research reports. Barclays set a €45.70 ($53.14) price objective on shares of Scout24 and gave the company a “neutral” rating in a report on Monday, February 4th. UBS Group set a €46.00 ($53.49) price objective on shares of Scout24 and gave the company a “neutral” rating in a report on Monday, March 25th. HSBC set a €47.00 ($54.65) price objective on shares of Scout24 and gave the company a “neutral” rating in a report on Tuesday, February 19th. Kepler Capital Markets set a €50.00 ($58.14) price objective on shares of Scout24 and gave the company a “buy” rating in a report on Tuesday, February 12th. Finally, Warburg Research set a €45.00 ($52.33) target price on Scout24 and gave the company a “neutral” rating in a research report on Monday, February 18th. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of €45.03 ($52.36).

G24 opened at €45.44 ($52.84) on Tuesday. Scout24 has a 52-week low of €33.22 ($38.63) and a 52-week high of €48.62 ($56.53). The company has a debt-to-equity ratio of 68.61, a quick ratio of 0.85 and a current ratio of 1.14. The stock has a market cap of $4.91 billion and a PE ratio of 29.74.

About Scout24

Scout24 AG operates digital marketplaces specializing in the real estate and automotive sectors in Germany and other European countries. The company operates through ImmobilienScout24, AutoScout24, and Scout24 Consumer Services segments. The ImmobilienScout24 segment operates real estate classifieds portal for commercial and private customers for the sale and rental of real estate properties, as well as offers support services, such as customer acquisition and care for business real estate professionals.

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Analyst Recommendations for Scout24 (ETR:G24)

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