Scout24 (ETR:G24) Given a €53.50 Price Target by Barclays Analysts

Barclays set a €53.50 ($62.21) price target on Scout24 (ETR:G24) in a research report sent to investors on Wednesday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Several other research firms have also commented on G24. Warburg Research set a €45.00 ($52.33) price objective on Scout24 and gave the stock a neutral rating in a research note on Wednesday, August 14th. Deutsche Bank set a €56.00 ($65.12) price objective on Scout24 and gave the stock a buy rating in a research note on Monday, August 5th. Royal Bank of Canada set a €50.00 ($58.14) price objective on Scout24 and gave the stock a neutral rating in a research note on Thursday, September 12th. JPMorgan Chase & Co. set a €55.00 ($63.95) price objective on Scout24 and gave the stock a buy rating in a research note on Wednesday, August 28th. Finally, Goldman Sachs Group set a €60.60 ($70.47) price objective on Scout24 and gave the stock a buy rating in a research note on Thursday, October 10th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the company. Scout24 presently has an average rating of Hold and an average price target of €48.29 ($56.15).

Shares of G24 traded up €0.40 ($0.47) during trading hours on Wednesday, reaching €53.15 ($61.80). The stock had a trading volume of 148,653 shares, compared to its average volume of 223,980. The company has a current ratio of 1.28, a quick ratio of 1.16 and a debt-to-equity ratio of 61.70. Scout24 has a 12 month low of €33.22 ($38.63) and a 12 month high of €54.00 ($62.79). The firm has a 50-day simple moving average of €51.94 and a 200 day simple moving average of €48.51. The company has a market capitalization of $5.72 billion and a price-to-earnings ratio of 38.24.

About Scout24

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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