Scout24 AG (ETR:G24) has been assigned a €33.30 ($38.72) price objective by equities research analysts at UBS AG in a report released on Wednesday. The brokerage presently has a “neutral” rating on the stock. UBS AG’s price target points to a potential downside of 4.20% from the company’s previous close.
Other research analysts have also recently issued reports about the stock. Goldman Sachs Group, Inc. (The) set a €39.00 ($45.35) price target on shares of Scout24 AG and gave the company a “buy” rating in a report on Thursday, August 10th. Oddo Bhf set a €28.00 ($32.56) target price on shares of Scout24 AG and gave the stock a “sell” rating in a report on Thursday, September 21st. Morgan Stanley set a €40.00 ($46.51) target price on shares of Scout24 AG and gave the stock a “buy” rating in a report on Thursday, August 17th. Barclays PLC set a €38.90 ($45.23) target price on shares of Scout24 AG and gave the stock a “buy” rating in a report on Wednesday. Finally, Warburg Research set a €36.00 ($41.86) target price on shares of Scout24 AG and gave the stock a “neutral” rating in a report on Monday, July 24th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company’s stock. Scout24 AG has a consensus rating of “Buy” and an average target price of €36.34 ($42.26).
Scout24 AG (ETR G24) traded down €0.30 ($0.35) during trading on Wednesday, reaching €34.76 ($40.42). 112,531 shares of the company’s stock traded hands, compared to its average volume of 144,957. Scout24 AG has a 52-week low of €29.81 ($34.66) and a 52-week high of €35.97 ($41.83).
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About Scout24 AG
Scout24 AG, formerly Asa NewCo GmbH, is a Germany-based holding company engaged in the Internet services industry. Through its subsidiaries, the Company provides digital classified advertisement platforms in Germany and other European countries, notably Scout24.com, ImmobilienScout24.de and Autoscout24.com.
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