Scout24 (ETR:G24) Given a €58.00 Price Target at JPMorgan Chase & Co.
JPMorgan Chase & Co. set a €58.00 ($67.44) price target on Scout24 (ETR:G24) in a research report sent to investors on Friday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other research analysts have also issued reports on G24. Royal Bank of Canada set a €50.00 ($58.14) target price on shares of Scout24 and gave the company a neutral rating in a report on Thursday, September 12th. UBS Group set a €49.00 ($56.98) target price on shares of Scout24 and gave the company a neutral rating in a report on Wednesday, September 25th. Deutsche Bank set a €56.00 ($65.12) target price on shares of Scout24 and gave the company a buy rating in a report on Monday, August 5th. Morgan Stanley set a €52.00 ($60.47) target price on shares of Scout24 and gave the company a buy rating in a report on Monday, July 1st. Finally, Goldman Sachs Group set a €60.60 ($70.47) target price on shares of Scout24 and gave the company a buy rating in a report on Thursday, October 10th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and four have given a buy rating to the stock. The stock presently has an average rating of Hold and an average target price of €48.51 ($56.40).
ETR:G24 opened at €53.20 ($61.86) on Friday. The firm has a market cap of $5.72 billion and a price-to-earnings ratio of 38.27. The company has a current ratio of 1.28, a quick ratio of 1.16 and a debt-to-equity ratio of 61.70. The company’s 50-day moving average is €51.99 and its two-hundred day moving average is €48.58. Scout24 has a 12-month low of €33.22 ($38.63) and a 12-month high of €54.30 ($63.14).
Scout24 AG operates digital marketplaces specializing in the real estate and automotive sectors in Germany and other European countries. The company operates through ImmobilienScout24, AutoScout24, and Scout24 Consumer Services segments. The ImmobilienScout24 segment operates real estate classifieds portal for commercial and private customers for the sale and rental of real estate properties, as well as offers support services, such as customer acquisition and care for business real estate professionals.
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