Scout24 AG (G24) Given Consensus Rating of “Hold” by Analysts
Shares of Scout24 AG (ETR:G24) have been assigned an average rating of “Hold” from the thirteen analysts that are currently covering the company, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and eight have issued a buy recommendation on the company. The average 12-month target price among brokers that have covered the stock in the last year is €36.41 ($43.35).
A number of brokerages recently commented on G24. Warburg Research set a €36.00 ($42.86) price target on Scout24 and gave the company a “neutral” rating in a research report on Thursday, November 2nd. Kepler Capital Markets set a €38.50 ($45.83) price target on Scout24 and gave the company a “buy” rating in a research report on Thursday. UBS set a €33.30 ($39.64) price target on Scout24 and gave the company a “neutral” rating in a research report on Thursday, November 9th. Morgan Stanley set a €40.00 ($47.62) price target on Scout24 and gave the company a “buy” rating in a research report on Wednesday, October 25th. Finally, equinet set a €31.00 ($36.90) price objective on Scout24 and gave the company a “sell” rating in a report on Tuesday, December 5th.
Shares of Scout24 (ETR:G24) traded down €0.40 ($0.48) during midday trading on Friday, hitting €34.12 ($40.62). The stock had a trading volume of 61,318 shares, 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).
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.
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