Scout24 (ETR:G24) PT Set at €62.00 by UBS Group
Scout24 (ETR:G24) received a €62.00 ($72.09) target price from equities researchers at UBS Group in a research report issued on Thursday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. UBS Group’s target price would suggest a potential upside of 19.12% from the company’s previous close.
Other analysts also recently issued reports about the stock. JPMorgan Chase & Co. set a €58.00 ($67.44) price target on shares of Scout24 and gave the stock a “buy” rating in a research report on Thursday. Warburg Research set a €45.00 ($52.33) price target on shares of Scout24 and gave the stock a “neutral” rating in a research report on Wednesday, August 14th. Royal Bank of Canada set a €50.00 ($58.14) price target on shares of Scout24 and gave the stock a “neutral” rating in a research report on Thursday. Goldman Sachs Group set a €60.60 ($70.47) price target on shares of Scout24 and gave the stock a “buy” rating in a research report on Thursday. Finally, HSBC set a €62.00 ($72.09) price target on shares of Scout24 and gave the stock a “buy” rating in a research report on Monday, October 21st. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and six have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of €52.78 ($61.37).
Shares of G24 stock traded down €1.20 ($1.40) during midday trading on Thursday, reaching €52.05 ($60.52). 508,350 shares of the company were exchanged, compared to its average volume of 223,980. Scout24 has a 12 month low of €34.18 ($39.74) and a 12 month high of €55.90 ($65.00). The company has a market cap of $5.73 billion and a P/E ratio of 37.45. The company’s 50 day moving average price is €53.10 and its two-hundred day moving average price is €49.42. The company has a debt-to-equity ratio of 61.70, a quick ratio of 1.16 and a current ratio of 1.28.
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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