JPMorgan Chase & Co. Analysts Give Scout24 (ETR:G24) a €63.00 Price Target

JPMorgan Chase & Co. set a €63.00 ($73.26) price objective on Scout24 (ETR:G24) in a research report released on Monday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

A number of other analysts have also recently commented on the company. Barclays set a €63.50 ($73.84) price target on Scout24 and gave the stock a neutral rating in a research report on Thursday, February 20th. Royal Bank of Canada set a €49.00 ($56.98) price target on Scout24 and gave the stock a neutral rating in a research note on Wednesday, February 19th. Kepler Capital Markets set a €68.50 ($79.65) price objective on Scout24 and gave the company a buy rating in a research report on Friday, January 17th. Warburg Research set a €56.00 ($65.12) price objective on Scout24 and gave the company a neutral rating in a research report on Monday, December 30th. Finally, Deutsche Bank set a €75.00 ($87.21) price objective on Scout24 and gave the company a buy rating in a research report on Monday, February 17th. Four research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock presently has a consensus rating of Buy and an average price target of €61.51 ($71.52).

Shares of ETR G24 opened at €53.15 ($61.80) on Monday. Scout24 has a fifty-two week low of €42.00 ($48.84) and a fifty-two week high of €65.75 ($76.45). The company has a 50 day simple moving average of €58.59 and a two-hundred day simple moving average of €56.37. The company has a market capitalization of $5.72 billion and a price-to-earnings ratio of 38.57. The company has a debt-to-equity ratio of 75.12, a quick ratio of 1.42 and a current ratio of 1.52.

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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