Royal Bank of Canada Analysts Give Scout24 (ETR:G24) a €43.00 Price Target

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Royal Bank of Canada set a €43.00 ($50.00) price objective on Scout24 (ETR:G24) in a research report sent to investors on Tuesday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Several other research firms have also recently commented on G24. Warburg Research set a €45.00 ($52.33) target price on Scout24 and gave the stock a neutral rating in a research report on Wednesday, May 15th. Morgan Stanley set a €52.00 ($60.47) target price on Scout24 and gave the stock a buy rating in a research report on Monday, July 1st. UBS Group set a €49.00 ($56.98) target price on Scout24 and gave the stock a neutral rating in a research report on Monday, July 29th. JPMorgan Chase & Co. set a €54.00 ($62.79) target price on Scout24 and gave the stock a buy rating in a research report on Tuesday. Finally, Goldman Sachs Group set a €54.70 ($63.60) target price on Scout24 and gave the stock a buy rating in a research report on Monday. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the company’s stock. Scout24 currently has an average rating of Hold and a consensus price target of €46.59 ($54.18).

Scout24 stock opened at €51.80 ($60.23) on Tuesday. Scout24 has a 52 week low of €33.22 ($38.63) and a 52 week high of €51.75 ($60.17). The business has a 50-day simple moving average of €49.53 and a 200 day simple moving average of €46.33. The company has a quick ratio of 1.10, a current ratio of 1.42 and a debt-to-equity ratio of 66.94. The stock has a market cap of $5.54 billion and a price-to-earnings ratio of 34.84.

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, 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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Analyst Recommendations for Scout24 (ETR:G24)

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