Scout24 AG (G24) Given a €33.30 Price Target at UBS AG

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.

Analyst Recommendations for Scout24 AG (ETR:G24)

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