Credit Suisse Group began coverage on shares of Scout24 (OTCMKTS:SCOTF) in a research note issued to investors on Wednesday, The Fly reports. The firm issued a neutral rating on the stock.
A number of other research firms have also recently weighed in on SCOTF. Morgan Stanley initiated coverage on Scout24 in a report on Wednesday, May 6th. They set an equal weight rating for the company. Commerzbank cut Scout24 from a buy rating to a hold rating in a report on Friday, May 8th.
Shares of OTCMKTS:SCOTF opened at $64.25 on Wednesday. The company has a 50-day simple moving average of $64.25.
Scout24 AG operates digital marketplaces specializing in the residential and commercial real estate sectors in Germany and internationally. It 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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