UBS Group set a €46.00 ($53.49) target price on Scout24 (ETR:G24) in a research note issued to investors on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Several other brokerages have also recently issued reports on G24. Deutsche Bank set a €51.00 ($59.30) target price on Scout24 and gave the stock a buy rating in a report on Monday, February 18th. Warburg Research set a €45.00 ($52.33) target price on Scout24 and gave the stock a neutral rating in a report on Monday, February 18th. HSBC set a €47.00 ($54.65) target price on Scout24 and gave the stock a neutral rating in a report on Tuesday, February 19th. Kepler Capital Markets set a €50.00 ($58.14) target price on Scout24 and gave the stock a buy rating in a report on Monday, March 25th. Finally, Goldman Sachs Group set a €47.00 ($54.65) target price on Scout24 and gave the stock a neutral rating in a report on Monday, February 18th. Three 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. Scout24 has a consensus rating of Hold and a consensus price target of €45.03 ($52.36).
Shares of G24 stock opened at €44.50 ($51.74) on Tuesday. Scout24 has a 12-month low of €33.22 ($38.63) and a 12-month high of €48.62 ($56.53). The company has a current ratio of 1.14, a quick ratio of 0.85 and a debt-to-equity ratio of 68.61. The stock has a market capitalization of $4.79 billion and a PE ratio of 29.12.
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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