JPMorgan Chase & Co. Reiterates “€70.00” Price Target for Scout24 (ETR:G24)

JPMorgan Chase & Co. set a €70.00 ($82.35) target price on Scout24 (ETR:G24) in a report issued on Wednesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

Other equities analysts have also recently issued reports about the stock. Deutsche Bank Aktiengesellschaft set a €80.00 ($94.12) price target on shares of Scout24 and gave the company a buy rating in a research report on Monday, February 22nd. The Goldman Sachs Group set a €76.50 ($90.00) price objective on shares of Scout24 and gave the stock a buy rating in a research report on Monday, April 19th. Barclays set a €66.00 ($77.65) price objective on shares of Scout24 and gave the stock a neutral rating in a research report on Thursday, April 22nd. Warburg Research set a €65.00 ($76.47) price objective on shares of Scout24 and gave the stock a neutral rating in a research report on Wednesday. Finally, UBS Group set a €78.00 ($91.76) price objective on shares of Scout24 and gave the stock a buy rating in a research report on Wednesday, April 28th. Four research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company has a consensus rating of Buy and an average target price of €71.35 ($83.94).

Shares of ETR G24 opened at €64.92 ($76.38) on Wednesday. The company has a debt-to-equity ratio of 11.81, a quick ratio of 12.36 and a current ratio of 12.41. Scout24 has a 52-week low of €60.30 ($70.94) and a 52-week high of €79.80 ($93.88). The firm has a 50 day moving average price of €68.04 and a two-hundred day moving average price of €66.13. The stock has a market cap of $6.35 billion and a P/E ratio of 2.81.

Scout24 Company Profile

Scout24 AG operates ImmoScout24, a digital platform for the residential and commercial real estate sectors in Germany and internationally. It operates its portal for commercial and private customers for the sale and rental of real estate properties; and for support services, such as customer acquisition and customer relationship management, and care for business real estate professionals.

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Analyst Recommendations for Scout24 (ETR:G24)

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