Kepler Capital Markets Analysts Give Scout24 (G24) a €40.50 Price Target

Scout24 (ETR:G24) has been assigned a €40.50 ($50.00) price objective by investment analysts at Kepler Capital Markets in a research note issued on Tuesday. The brokerage presently has a “buy” rating on the stock. Kepler Capital Markets’ price target would suggest a potential upside of 14.28% from the company’s current price.

Several other research firms have also weighed in on G24. equinet set a €31.00 ($38.27) price objective on shares of Scout24 and gave the stock a “sell” rating in a research note on Wednesday, December 20th. JPMorgan Chase & Co. set a €36.00 ($44.44) price objective on shares of Scout24 and gave the stock a “neutral” rating in a research note on Wednesday, November 29th. Warburg Research set a €36.00 ($44.44) price objective on shares of Scout24 and gave the stock a “neutral” rating in a research note on Wednesday, November 22nd. Goldman Sachs Group set a €39.00 ($48.15) price objective on shares of Scout24 and gave the stock a “buy” rating in a research note on Wednesday, November 15th. Finally, Morgan Stanley set a €40.00 ($49.38) price objective on shares of Scout24 and gave the stock a “buy” rating in a research note on Wednesday, October 25th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and eight have assigned a buy rating to the company’s stock. Scout24 has an average rating of “Hold” and an average target price of €36.94 ($45.61).

Shares of Scout24 (G24) opened at €35.44 ($43.75) on Tuesday. The firm has a market cap of $3,760.00 and a PE ratio of 37.70. Scout24 has a 12 month low of €29.81 ($36.80) and a 12 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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