Scout24 (ETR:G24) received a €37.00 ($45.68) target price from analysts at Royal Bank of Canada in a note issued to investors on Tuesday. The firm presently has a “neutral” rating on the stock. Royal Bank of Canada’s target price indicates a potential upside of 4.88% from the company’s previous close.
A number of other equities research analysts have also commented on the company. Kepler Capital Markets set a €38.50 ($47.53) price target on Scout24 and gave the company a “buy” rating in a research report on Tuesday, November 28th. equinet set a €31.00 ($38.27) target price on Scout24 and gave the company a “sell” rating in a research report on Tuesday, December 26th. Warburg Research set a €36.00 ($44.44) target price on Scout24 and gave the company a “neutral” rating in a research report on Tuesday, January 16th. Oddo Bhf set a €28.00 ($34.57) target price on Scout24 and gave the company a “sell” rating in a research report on Thursday, November 9th. Finally, Goldman Sachs Group set a €39.00 ($48.15) target price on Scout24 and gave the company a “buy” rating in a research report on Wednesday, November 15th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and eight have assigned a buy rating to the stock. Scout24 presently has an average rating of “Hold” and an average price target of €37.30 ($46.05).
Scout24 (ETR:G24) traded up €0.32 ($0.40) during midday trading on Tuesday, reaching €35.28 ($43.56). The company had a trading volume of 289,100 shares, compared to its average volume of 150,085. The stock has a market cap of $3,760.00 and a price-to-earnings ratio of 37.53. Scout24 has a twelve month low of €29.81 ($36.80) and a twelve month high of €37.60 ($46.42).
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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