Scout24 AG (ETR:G24) has been given a €39.00 ($45.88) target price by research analysts at Commerzbank Ag in a report released on Monday. The brokerage currently has a “buy” rating on the stock.

Several other brokerages also recently commented on G24. Goldman Sachs Group, Inc. (The) set a €39.00 ($45.88) price objective on shares of Scout24 AG and gave the company a “buy” rating in a research note on Saturday, May 20th. Barclays PLC set a €37.00 ($43.53) price objective on shares of Scout24 AG and gave the company a “buy” rating in a research note on Monday, May 29th. Warburg Research set a €36.00 ($42.35) price objective on shares of Scout24 AG and gave the company a “neutral” rating in a research note on Wednesday, August 2nd. Credit Suisse Group set a €36.70 ($43.18) price objective on shares of Scout24 AG and gave the company a “buy” rating in a research note on Thursday, June 29th. Finally, J P Morgan Chase & Co set a €34.00 ($40.00) price objective on shares of Scout24 AG and gave the company a “neutral” rating in a research note on Wednesday, August 2nd. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of €36.69 ($43.16).

Scout24 AG (ETR G24) traded up 1.67% during mid-day trading on Monday, hitting €31.83. 225 shares of the stock traded hands. The firm has a market cap of €3.35 billion and a P/E ratio of 44.09. The firm’s 50-day moving average price is €32.73 and its 200-day moving average price is €32.70. Scout24 AG has a 52 week low of €28.45 and a 52 week high of €41.00.

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About Scout24 AG

Scout24 AG, formerly Asa NewCo GmbH, is a Germany-based holding company engaged in the Internet services industry. Through its subsidiaries, the Company provides digital classified advertisement platforms in Germany and other European countries, notably Scout24.com, ImmobilienScout24.de and Autoscout24.com.

Analyst Recommendations for Scout24 AG (ETR:G24)

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