Scout24 AG (G24.F) (ETR:G24) received a €83.00 ($97.65) target price from investment analysts at JPMorgan Chase & Co. in a report issued on Tuesday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 26.81% from the stock’s current price.
G24 has been the subject of a number of other reports. Royal Bank of Canada set a €70.00 ($82.35) target price on shares of Scout24 AG (G24.F) and gave the stock a “neutral” rating in a report on Tuesday. Credit Suisse Group set a €67.50 ($79.41) price objective on Scout24 AG (G24.F) and gave the stock a “neutral” rating in a research report on Friday, December 4th. UBS Group set a €72.00 ($84.71) target price on Scout24 AG (G24.F) and gave the company a “buy” rating in a report on Thursday, February 18th. Kepler Capital Markets set a €73.00 ($85.88) price target on shares of Scout24 AG (G24.F) and gave the company a “buy” rating in a report on Wednesday, December 9th. Finally, Barclays set a €73.20 ($86.12) price objective on shares of Scout24 AG (G24.F) and gave the stock a “neutral” rating in a report on Wednesday, November 11th. Five equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Scout24 AG (G24.F) has a consensus rating of “Buy” and an average target price of €72.31 ($85.07).
Shares of G24 opened at €65.45 ($77.00) on Tuesday. The stock has a market capitalization of $6.40 billion and a P/E ratio of 2.94. Scout24 AG has a twelve month low of €43.50 ($51.18) and a twelve month high of €79.80 ($93.88). The company has a quick ratio of 15.47, a current ratio of 15.58 and a debt-to-equity ratio of 9.88. The firm has a fifty day simple moving average of €65.53 and a two-hundred day simple moving average of €70.05.
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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