Scout24 (G24) Given a €47.00 Price Target by Goldman Sachs Group Analysts

Scout24 (ETR:G24) has been assigned a €47.00 ($54.65) target price by equities research analysts at Goldman Sachs Group in a research report issued on Tuesday. The firm presently has a “neutral” rating on the stock. Goldman Sachs Group’s target price suggests a potential upside of 13.86% from the company’s current price.

Other equities research analysts have also recently issued research reports about the company. Morgan Stanley set a €48.00 ($55.81) target price on Scout24 and gave the stock a “buy” rating in a report on Monday, November 5th. UBS Group set a €43.20 ($50.23) price target on shares of Scout24 and gave the stock a “buy” rating in a research report on Monday, October 29th. JPMorgan Chase & Co. set a €44.00 ($51.16) price target on shares of Scout24 and gave the stock a “neutral” rating in a research report on Wednesday, November 7th. Barclays restated a “neutral” rating and issued a price target on shares of Scout24 in a research report on Monday, January 28th. Finally, equinet set a €44.00 ($51.16) price target on shares of Scout24 and gave the stock a “neutral” rating in a research report on Wednesday, November 7th. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of €44.49 ($51.73).

Shares of ETR:G24 opened at €41.28 ($48.00) on Tuesday. Scout24 has a 12 month low of €29.81 ($34.66) and a 12 month high of €37.60 ($43.72).

Scout24 Company Profile

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.

Recommended Story: Price-Sales Ratio

Analyst Recommendations for Scout24 (ETR:G24)

Receive News & Ratings for Scout24 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Scout24 and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply