Royal Bank of Canada Analysts Give Scout24 (G24) a €37.00 Price Target

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).

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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.

Analyst Recommendations for Scout24 (ETR:G24)

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