Oddo Bhf Reiterates €28.00 Price Target for Scout24 (G24)

Scout24 (ETR:G24) has been given a €28.00 ($34.57) target price by equities research analysts at Oddo Bhf in a research note issued to investors on Friday. The brokerage currently has a “sell” rating on the stock. Oddo Bhf’s price objective points to a potential downside of 20.27% from the company’s previous close.

Several other research analysts have also weighed in on the company. Kepler Capital Markets set a €40.50 ($50.00) target price on Scout24 and gave the stock a “buy” rating in a report on Monday. Barclays set a €41.50 ($51.23) target price on Scout24 and gave the stock a “buy” rating in a report on Monday, January 29th. Royal Bank of Canada set a €37.00 ($45.68) price target on Scout24 and gave the company a “neutral” rating in a report on Thursday, January 18th. Warburg Research set a €36.00 ($44.44) price target on Scout24 and gave the company a “neutral” rating in a report on Tuesday, January 16th. Finally, equinet set a €31.00 ($38.27) price target on Scout24 and gave the company a “sell” rating in a report on Tuesday, December 26th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and eight have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of €36.94 ($45.61).

Scout24 (ETR G24) opened at €35.12 ($43.36) on Friday. The firm has a market capitalization of $3,810.00 and a PE ratio of 37.36. Scout24 has a twelve month low of €29.81 ($36.80) and a twelve month high of €37.60 ($46.42).

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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)

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