Scout24 AG (ETR:G24) has been assigned a €33.30 ($39.18) price objective by research analysts at UBS AG in a research note issued to investors on Friday, www.boersen-zeitung.de reports. The brokerage currently has a “neutral” rating on the stock. UBS AG’s target price points to a potential downside of 2.89% from the stock’s previous close.

A number of other equities analysts also recently commented on G24. Warburg Research set a €36.00 ($42.35) target price on shares of Scout24 AG and gave the stock a “neutral” rating in a research note on Thursday. Barclays PLC set a €37.65 ($44.29) target price on shares of Scout24 AG and gave the stock a “buy” rating in a research note on Thursday, August 10th. Kepler Capital Markets set a €38.50 ($45.29) target price on shares of Scout24 AG and gave the stock a “buy” rating in a research note on Wednesday, August 9th. Morgan Stanley set a €40.00 ($47.06) target price on shares of Scout24 AG and gave the stock a “buy” rating in a research note on Wednesday, October 25th. Finally, J P Morgan Chase & Co restated a “neutral” rating on shares of Scout24 AG in a research note on Thursday, August 10th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of €36.35 ($42.76).

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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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