Scout24 (ETR:G24) Given a €58.00 Price Target at JPMorgan Chase & Co.

JPMorgan Chase & Co. set a €58.00 ($67.44) price objective on Scout24 (ETR:G24) in a research note published on Friday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

Several other equities analysts have also recently weighed in on G24. Goldman Sachs Group set a €60.60 ($70.47) price objective on Scout24 and gave the company a buy rating in a research note on Thursday, October 10th. Warburg Research set a €45.00 ($52.33) price objective on Scout24 and gave the company a neutral rating in a research note on Wednesday, August 14th. Royal Bank of Canada set a €50.00 ($58.14) price objective on Scout24 and gave the company a neutral rating in a research note on Thursday, September 12th. Barclays set a €53.50 ($62.21) price objective on Scout24 and gave the company a neutral rating in a research note on Wednesday, October 16th. Finally, Deutsche Bank set a €56.00 ($65.12) price objective on Scout24 and gave the company a buy rating in a research note on Monday, August 5th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the company. The stock presently has an average rating of Hold and an average target price of €49.58 ($57.65).

Shares of ETR:G24 opened at €53.15 ($61.80) on Friday. The company has a current ratio of 1.28, a quick ratio of 1.16 and a debt-to-equity ratio of 61.70. The stock’s fifty day simple moving average is €51.97 and its two-hundred day simple moving average is €48.69. Scout24 has a 1-year low of €33.22 ($38.63) and a 1-year high of €54.30 ($63.14). The stock has a market cap of $5.72 billion and a PE ratio of 38.24.

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.

Further Reading: Net Income

Analyst Recommendations for Scout24 (ETR:G24)

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