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).

COPYRIGHT VIOLATION NOTICE: This piece was first reported by American Banking News and is the sole property of of American Banking News. If you are viewing this piece on another site, it was illegally stolen and reposted in violation of U.S. & international trademark & copyright laws. The legal version of this piece can be viewed at https://www.americanbankingnews.com/2017/11/15/kepler-capital-markets-analysts-give-scout24-ag-g24-a-38-50-price-target.html.

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)

Receive News & Ratings for Scout24 AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Scout24 AG and related companies with MarketBeat.com's FREE daily email newsletter.