Scout24 AG (ETR:G24) received a €40.00 ($47.06) price objective from Morgan Stanley in a note issued to investors on Thursday. The brokerage currently has a “buy” rating on the stock.

Other equities research analysts have also recently issued research reports about the company. Credit Suisse Group set a €36.70 ($43.18) price objective on Scout24 AG and gave the stock a “buy” rating in a report on Thursday, June 29th. Kepler Capital Markets set a €38.50 ($45.29) price objective on Scout24 AG and gave the stock a “buy” rating in a report on Friday, June 23rd. Commerzbank Ag set a €39.00 ($45.88) price objective on Scout24 AG and gave the stock a “buy” rating in a report on Wednesday, June 21st. J P Morgan Chase & Co set a €37.00 ($43.53) price objective on Scout24 AG and gave the stock a “buy” rating in a report on Tuesday, May 30th. Finally, Barclays PLC set a €37.00 ($43.53) price objective on Scout24 AG and gave the stock a “buy” rating in a report on Monday, May 29th. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of €37.13 ($43.68).

Scout24 AG (ETR G24) opened at 34.239 on Thursday. Scout24 AG has a 12 month low of €28.45 and a 12 month high of €34.99. The company’s 50-day moving average price is €32.67 and its 200 day moving average price is €32.66. The stock has a market capitalization of €3.68 billion and a PE ratio of 40.281.

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Scout24 AG Company Profile

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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