Scout24 (G24) Given a €51.00 Price Target at Deutsche Bank

Scout24 (ETR:G24) has been assigned a €51.00 ($59.30) price target by investment analysts at Deutsche Bank in a research note issued to investors on Monday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. Deutsche Bank’s price objective would indicate a potential upside of 17.24% from the stock’s previous close.

G24 has been the topic of a number of other reports. Barclays set a €45.70 ($53.14) price target on shares of Scout24 and gave the company a “neutral” rating in a research report on Monday, February 4th. UBS Group set a €46.00 ($53.49) price target on shares of Scout24 and gave the company a “neutral” rating in a research report on Monday, March 25th. Goldman Sachs Group set a €47.00 ($54.65) price target on shares of Scout24 and gave the company a “neutral” rating in a research report on Monday, January 21st. HSBC set a €47.00 ($54.65) price target on shares of Scout24 and gave the company a “neutral” rating in a research report on Tuesday, February 19th. Finally, Kepler Capital Markets set a €50.00 ($58.14) price target on shares of Scout24 and gave the company a “buy” rating in a research report on Tuesday, February 12th. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and five have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of €45.03 ($52.36).

Shares of G24 stock opened at €43.50 ($50.58) on Monday. The company has a market cap of $4.68 billion and a price-to-earnings ratio of 28.47. The company has a debt-to-equity ratio of 68.61, a quick ratio of 0.85 and a current ratio of 1.14. Scout24 has a fifty-two week low of €33.22 ($38.63) and a fifty-two week high of €48.62 ($56.53).



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.

Further Reading: What Does a Sell-Side Analyst Rating Mean?

Analyst Recommendations for Scout24 (ETR:G24)

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