Kepler Capital Markets Analysts Give Scout24 AG (G24) a €38.50 Price Target
Scout24 AG (ETR:G24) received a €38.50 ($44.77) target price from research analysts at Kepler Capital Markets in a report issued on Wednesday. The firm presently has a “buy” rating on the stock. Kepler Capital Markets’ price target would indicate a potential upside of 12.08% from the company’s previous close.
Other research analysts have also recently issued reports about the stock. Morgan Stanley set a €40.00 ($46.51) price objective on shares of Scout24 AG and gave the stock a “buy” rating in a research report on Wednesday, October 25th. Barclays PLC set a €39.00 ($45.35) price target on shares of Scout24 AG and gave the company a “buy” rating in a research report on Tuesday, October 10th. Goldman Sachs Group, Inc. (The) set a €39.00 ($45.35) price target on shares of Scout24 AG and gave the company a “buy” rating in a research report on Thursday, August 10th. Finally, Commerzbank Ag set a €39.00 ($45.35) price target on shares of Scout24 AG and gave the company a “buy” rating in a research report on Monday, August 7th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of €36.34 ($42.26).
Shares of Scout24 AG (G24) traded down €0.71 ($0.83) on Wednesday, hitting €34.35 ($39.94). The stock had a trading volume of 259,821 shares, compared to its average volume of 144,957. Scout24 AG has a 12-month low of €29.81 ($34.66) and a 12-month high of €35.97 ($41.83).
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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.
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