Scout24 (ETR:G24) has been given a €31.00 ($36.90) target price by equities research analysts at equinet in a research note issued to investors on Tuesday. The brokerage presently has a “sell” rating on the stock. equinet’s price target suggests a potential downside of 8.18% from the company’s previous close.

G24 has been the subject of a number of other research reports. Kepler Capital Markets set a €38.50 ($45.83) price objective on shares of Scout24 and gave the stock a “buy” rating in a research report on Wednesday, November 8th. J P Morgan Chase & Co set a €36.00 ($42.86) price objective on shares of Scout24 and gave the stock a “neutral” rating in a research report on Wednesday, November 29th. Goldman Sachs Group set a €39.00 ($46.43) price objective on shares of Scout24 and gave the stock a “buy” rating in a research report on Thursday, August 10th. Barclays set a €37.65 ($44.82) price objective on shares of Scout24 and gave the stock a “buy” rating in a research report on Thursday, August 10th. Finally, Warburg Research set a €36.00 ($42.86) price objective on shares of Scout24 and gave the stock a “neutral” rating in a research report on Wednesday, November 22nd. Two research analysts have rated the stock with a sell rating, three have given a hold rating and eight have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of €36.41 ($43.35).

Shares of Scout24 (G24) opened at €33.76 ($40.19) on Tuesday. Scout24 has a one year low of €29.81 ($35.49) and a one year high of €35.97 ($42.82).

COPYRIGHT VIOLATION NOTICE: “equinet Analysts Give Scout24 (G24) a €31.00 Price Target” was reported by American Banking News and is the sole property of of American Banking News. If you are accessing this piece of content on another website, it was copied illegally and reposted in violation of U.S. & international copyright and trademark legislation. The original version of this piece of content can be accessed at https://www.americanbankingnews.com/2017/12/05/equinet-analysts-give-scout24-g24-a-31-00-price-target.html.

About Scout24

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 (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.