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).
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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