Warburg Research Analysts Give Scout24 (G24) a €42.00 Price Target

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Warburg Research set a €42.00 ($48.84) price target on Scout24 (ETR:G24) in a report published on Wednesday, June 6th. The brokerage currently has a neutral rating on the stock.

Other research analysts have also issued reports about the company. Commerzbank set a €39.00 ($45.35) price target on Scout24 and gave the company a buy rating in a report on Wednesday, March 28th. Kepler Capital Markets set a €40.50 ($47.09) price target on Scout24 and gave the company a buy rating in a report on Wednesday, March 28th. Goldman Sachs Group set a €44.00 ($51.16) price target on Scout24 and gave the company a buy rating in a report on Tuesday, February 13th. Finally, Barclays set a €42.00 ($48.84) price target on Scout24 and gave the company a buy rating in a report on Wednesday, February 14th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and six have assigned a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus target price of €42.18 ($49.04).

Shares of Scout24 traded up €0.08 ($0.09), reaching €45.98 ($53.47), during trading hours on Wednesday, according to MarketBeat Ratings. 259,385 shares of the company’s stock traded hands, compared to its average volume of 223,980. Scout24 has a twelve month low of €29.81 ($34.66) and a twelve month high of €37.60 ($43.72).

Scout24 Company Profile

Scout24 AG operates digital marketplaces specializing in the real estate and automotive sectors in Germany and other European countries. The company operates through ImmobilienScout24 and AutoScout24segments. The ImmobilienScout24 segment operates real estate classifieds portal for commercial and private customers for the sale and rental of real estate, as well as offers advertising services to third-party suppliers, such as insurance and financial service providers, utilities, or removal companies.

Analyst Recommendations for Scout24 (ETR:G24)

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