Scout24 AG (G24.F) (ETR:G24) has been given a €77.30 ($90.94) price target by Goldman Sachs Group in a note issued to investors on Monday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock. Goldman Sachs Group’s target price indicates a potential upside of 6.99% from the stock’s previous close.
Other equities analysts also recently issued research reports about the company. Warburg Research set a €67.00 ($78.82) price objective on Scout24 AG (G24.F) and gave the stock a “neutral” rating in a report on Monday, August 17th. JPMorgan Chase & Co. set a €90.00 ($105.88) price objective on Scout24 AG (G24.F) and gave the stock a “buy” rating in a report on Friday, August 14th. Credit Suisse Group set a €75.00 ($88.24) price target on Scout24 AG (G24.F) and gave the company a “neutral” rating in a report on Friday, August 14th. Royal Bank of Canada set a €70.00 ($82.35) price target on Scout24 AG (G24.F) and gave the company a “neutral” rating in a report on Wednesday, August 19th. Finally, Kepler Capital Markets set a €75.00 ($88.24) price target on Scout24 AG (G24.F) and gave the company a “neutral” rating in a report on Monday, July 27th. Seven analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Scout24 AG (G24.F) has an average rating of “Hold” and an average target price of €72.86 ($85.72).
ETR:G24 traded down €0.10 ($0.12) during mid-day trading on Monday, reaching €72.25 ($85.00). The stock had a trading volume of 228,365 shares, compared to its average volume of 223,980. The business’s 50 day moving average is €75.69 and its 200 day moving average is €69.63. Scout24 AG has a fifty-two week low of €43.50 ($51.18) and a fifty-two week high of €79.80 ($93.88). The stock has a market cap of $7.41 billion and a P/E ratio of 3.28. The company has a debt-to-equity ratio of 9.11, a current ratio of 18.01 and a quick ratio of 17.69.
Scout24 AG (G24.F) Company Profile
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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