Scout24 (G24) Given a €41.30 Price Target at Credit Suisse Group
Several other research firms also recently issued reports on G24. Royal Bank of Canada set a €43.00 ($50.00) target price on Scout24 and gave the stock a neutral rating in a research report on Tuesday, July 17th. Oddo Bhf set a €28.00 ($32.56) target price on Scout24 and gave the stock a sell rating in a research report on Thursday, July 19th. Barclays set a €47.00 ($54.65) target price on Scout24 and gave the stock a neutral rating in a research report on Friday, July 20th. Kepler Capital Markets set a €43.00 ($50.00) target price on Scout24 and gave the stock a buy rating in a research report on Wednesday, July 18th. Finally, JPMorgan Chase & Co. set a €45.00 ($52.33) target price on Scout24 and gave the stock a neutral rating in a research report on Wednesday, July 18th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have issued a buy rating to the stock. The stock currently has an average rating of Hold and an average price target of €44.06 ($51.24).
Scout24 stock opened at €36.80 ($42.79) on Thursday. Scout24 has a 12 month low of €29.81 ($34.66) and a 12 month high of €37.60 ($43.72).
Scout24 AG operates digital marketplaces specializing in the real estate and automotive sectors in Germany and other European countries. The company operates through ImmobilienScout24 and AutoScout24segments. The ImmobilienScout24 segment operates real estate classifieds portal for commercial and private customers for the sale and rental of real estate, as well as offers advertising services to third-party suppliers, such as insurance and financial service providers, utilities, or removal companies.
Further Reading: How Do You Calculate Return on Equity (ROE)?
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