Scout24 (ETR:G24) received a €38.50 ($45.83) target price from equities researchers at Kepler Capital Markets in a note issued to investors on Thursday. The brokerage presently has a “buy” rating on the stock. Kepler Capital Markets’ target price would suggest a potential upside of 12.38% from the stock’s previous close.

Other research analysts have also recently issued reports about the stock. Morgan Stanley set a €40.00 ($47.62) target price on shares of Scout24 and gave the stock a “buy” rating in a report on Thursday, August 17th. Oddo Bhf set a €28.00 ($33.33) target price on shares of Scout24 and gave the stock a “sell” rating in a report on Thursday, September 21st. Commerzbank set a €39.00 ($46.43) target price on shares of Scout24 and gave the stock a “buy” rating in a report on Thursday, November 9th. Warburg Research set a €36.00 ($42.86) target price on shares of Scout24 and gave the stock a “neutral” rating in a report on Thursday, November 2nd. Finally, Goldman Sachs Group set a €39.00 ($46.43) target price on shares of Scout24 and gave the stock a “buy” rating in a report on Wednesday, November 15th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and eight have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of €36.41 ($43.35).

Shares of Scout24 (G24) traded down €0.26 ($0.31) during trading on Thursday, reaching €34.26 ($40.79). 114,984 shares of the company’s stock traded hands, compared to its average volume of 246,657. Scout24 has a one year low of €29.81 ($35.49) and a one year high of €35.97 ($42.82).

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Scout24 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 (ETR:G24)

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