Scout24 (ETR:G24) Given a €49.00 Price Target by UBS Group Analysts

UBS Group set a €49.00 ($56.98) price objective on Scout24 (ETR:G24) in a research report sent to investors on Tuesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

G24 has been the topic of a number of other research reports. Royal Bank of Canada set a €43.00 ($50.00) target price on Scout24 and gave the stock a neutral rating in a research note on Tuesday. Kepler Capital Markets set a €49.00 ($56.98) target price on Scout24 and gave the stock a neutral rating in a research note on Tuesday, May 14th. JPMorgan Chase & Co. set a €54.00 ($62.79) price target on Scout24 and gave the stock a buy rating in a research report on Tuesday. Goldman Sachs Group set a €54.70 ($63.60) price target on Scout24 and gave the stock a buy rating in a research report on Monday, August 12th. Finally, Warburg Research set a €45.00 ($52.33) price target on Scout24 and gave the stock a neutral rating in a research report on Wednesday, May 15th. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the company’s stock. Scout24 currently has a consensus rating of Hold and a consensus target price of €46.59 ($54.18).

G24 stock opened at €52.05 ($60.52) on Tuesday. 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 business’s fifty day simple moving average is €49.63 and its two-hundred day simple moving average is €46.36. Scout24 has a twelve month low of €33.22 ($38.63) and a twelve month high of €51.75 ($60.17). The firm has a market cap of $5.60 billion and a price-to-earnings ratio of 35.00.

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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