Scout24 AG (ETR:G24) Receives €46.11 Consensus Target Price from Brokerages

Shares of Scout24 AG (ETR:G24) have received an average rating of “Hold” from the sixteen research firms that are currently covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is €46.11 ($53.61).

Several equities analysts have recently issued reports on the company. Royal Bank of Canada reduced their target price on Advance Auto Parts to $178.00 and set an “outperform” rating for the company in a report on Tuesday, May 14th. Warburg Research set a €17.00 ($19.77) price target on Leoni and gave the stock a “neutral” rating in a report on Wednesday, May 15th. Barclays raised their price target on Intuit from $225.00 to $237.00 and gave the stock an “equal weight” rating in a report on Friday, May 24th. Deutsche Bank raised RDS-A from a “hold” rating to a “buy” rating in a report on Monday, May 13th. Finally, Goldman Sachs Group reaffirmed a “buy” rating on shares of WPP in a report on Monday, June 3rd.

Shares of G24 stock traded down €0.12 ($0.14) during trading on Friday, hitting €48.32 ($56.19). The company’s stock had a trading volume of 101,973 shares, compared to its average volume of 223,980. The company has a market cap of $5.20 billion and a P/E ratio of 32.49. The company has a current ratio of 1.42, a quick ratio of 1.10 and a debt-to-equity ratio of 66.94. The business’s fifty day moving average is €46.58. Scout24 has a 52 week low of €33.22 ($38.63) and a 52 week high of €49.48 ($57.53).

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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