UBS Group Analysts Give Scout24 (G24) a €46.00 Price Target

UBS Group set a €46.00 ($53.49) price objective on Scout24 (ETR:G24) in a research report sent to investors on Wednesday, May 8th, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

G24 has been the subject of several other reports. JPMorgan Chase & Co. set a €50.00 ($58.14) target price on shares of Scout24 and gave the company a buy rating in a research report on Wednesday, January 9th. Kepler Capital Markets set a €50.00 ($58.14) price objective on shares of Scout24 and gave the stock a buy rating in a research report on Tuesday, February 12th. Deutsche Bank set a €51.00 ($59.30) price objective on Scout24 and gave the stock a buy rating in a research report on Monday, February 18th. Barclays set a €45.70 ($53.14) price objective on Scout24 and gave the stock a neutral rating in a research report on Tuesday, February 12th. Finally, Royal Bank of Canada set a €43.00 ($50.00) price objective on Scout24 and gave the stock a neutral rating in a research report on Tuesday, February 12th. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and five have issued a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus price target of €45.11 ($52.45).

Shares of G24 stock traded down €0.20 ($0.23) during midday trading on Wednesday, hitting €44.46 ($51.70). 288,895 shares of the company were exchanged, compared to its average volume of 223,980. The company has a debt-to-equity ratio of 68.61, a quick ratio of 0.85 and a current ratio of 1.14. The company has a market capitalization of $4.78 billion and a price-to-earnings ratio of 29.10. Scout24 has a 52 week low of €33.22 ($38.63) and a 52 week high of €48.62 ($56.53).

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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