Scout24 (ETR:G24) Given a €49.00 Price Target by Royal Bank of Canada Analysts

Royal Bank of Canada set a €49.00 ($56.98) price objective on Scout24 (ETR:G24) in a report released on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

Several other equities research analysts also recently weighed in on the company. UBS Group set a €62.00 ($72.09) price objective on Scout24 and gave the company a buy rating in a report on Thursday, November 7th. Warburg Research set a €45.00 ($52.33) price target on Scout24 and gave the stock a neutral rating in a research note on Wednesday, August 14th. JPMorgan Chase & Co. set a €58.00 ($67.44) price target on Scout24 and gave the stock a buy rating in a research note on Thursday, November 7th. Goldman Sachs Group set a €60.60 ($70.47) price target on Scout24 and gave the stock a buy rating in a research note on Thursday, November 7th. Finally, Deutsche Bank set a €56.00 ($65.12) price target on Scout24 and gave the stock a buy rating in a research note on Friday, November 8th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and six have given a buy rating to the company. The company currently has an average rating of Hold and a consensus target price of €52.69 ($61.27).

Shares of G24 stock traded up €0.40 ($0.47) during trading hours on Wednesday, hitting €51.85 ($60.29). The stock had a trading volume of 206,307 shares, compared to its average volume of 223,980. The firm has a market capitalization of $5.58 billion and a PE ratio of 37.63. Scout24 has a twelve month low of €34.18 ($39.74) and a twelve month high of €55.90 ($65.00). The stock’s 50 day moving average is €53.25 and its 200 day moving average is €49.60. The company has a debt-to-equity ratio of 75.12, a current ratio of 1.52 and a quick ratio of 1.42.

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.

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Analyst Recommendations for Scout24 (ETR:G24)

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