Credit Suisse Group Analysts Give Scout24 (ETR:G24) a €73.00 Price Target
Credit Suisse Group set a €73.00 ($82.02) price objective on Scout24 (ETR:G24) in a research note published on Wednesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
G24 has been the topic of several other research reports. Barclays set a €60.50 ($67.98) price objective on shares of Scout24 and gave the stock a neutral rating in a research note on Thursday, May 14th. Royal Bank of Canada set a €60.00 ($67.42) target price on shares of Scout24 and gave the stock a neutral rating in a research note on Friday, May 29th. Goldman Sachs Group set a €75.20 ($84.49) target price on shares of Scout24 and gave the stock a buy rating in a research note on Monday, July 20th. JPMorgan Chase & Co. set a €82.00 ($92.13) target price on shares of Scout24 and gave the stock a buy rating in a research note on Thursday, July 16th. Finally, UBS Group set a €70.00 ($78.65) target price on shares of Scout24 and gave the stock a neutral rating in a research note on Wednesday, July 15th. Seven research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock has an average rating of Hold and a consensus price target of €68.75 ($77.24).
ETR:G24 opened at €73.45 ($82.53) on Wednesday. Scout24 has a one year low of €43.50 ($48.88) and a one year high of €73.60 ($82.70). The company has a debt-to-equity ratio of 56.03, a current ratio of 1.05 and a quick ratio of 0.85. The company’s 50-day simple moving average is €71.06 and its 200 day simple moving average is €63.04. The firm has a market capitalization of $7.72 billion and a P/E ratio of 95.64.
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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