Deutsche Bank set a €64.00 ($74.42) target price on Scout24 (ETR:G24) in a research note published on Friday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other brokerages also recently commented on G24. UBS Group set a €62.00 ($72.09) price objective on shares of Scout24 and gave the company a buy rating in a research report on Thursday, November 7th. Goldman Sachs Group set a €60.40 ($70.23) price objective on shares of Scout24 and gave the company a buy rating in a research report on Tuesday. Kepler Capital Markets set a €57.50 ($66.86) price objective on shares of Scout24 and gave the company a buy rating in a research report on Wednesday. HSBC set a €62.00 ($72.09) price objective on shares of Scout24 and gave the company a buy rating in a research report on Monday, October 21st. Finally, Royal Bank of Canada set a €49.00 ($56.98) price objective on shares of Scout24 and gave the company a neutral rating in a research report on Wednesday. One 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 has an average rating of Hold and an average target price of €54.63 ($63.53).
Shares of ETR:G24 opened at €56.20 ($65.35) on Friday. The company has a quick ratio of 1.42, a current ratio of 1.52 and a debt-to-equity ratio of 75.12. The company has a market cap of $6.05 billion and a P/E ratio of 40.78. Scout24 has a 52 week low of €35.80 ($41.63) and a 52 week high of €55.90 ($65.00). The company has a 50-day moving average price of €53.43 and a 200 day moving average price of €50.12.
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: Cost of Goods Sold (COGS)
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