Scout24 (ETR:G24) has been given a €76.50 ($90.00) target price by equities researchers at The Goldman Sachs Group in a research note issued on Monday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. The Goldman Sachs Group’s price target would suggest a potential upside of 11.74% from the company’s previous close.
G24 has been the subject of several other reports. Kepler Capital Markets set a €73.00 ($85.88) price objective on Scout24 and gave the stock a “buy” rating in a research report on Thursday, March 25th. UBS Group set a €71.00 ($83.53) price objective on Scout24 and gave the company a “buy” rating in a research note on Friday, March 26th. Deutsche Bank Aktiengesellschaft set a €80.00 ($94.12) target price on shares of Scout24 and gave the company a “buy” rating in a report on Monday, February 22nd. Credit Suisse Group set a €67.00 ($78.82) price target on shares of Scout24 and gave the stock a “neutral” rating in a report on Friday, March 26th. Finally, JPMorgan Chase & Co. set a €70.00 ($82.35) target price on shares of Scout24 and gave the stock a “buy” rating in a research report on Monday, April 12th. Four research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of €70.65 ($83.12).
Shares of G24 opened at €68.34 ($80.40) on Monday. The company has a debt-to-equity ratio of 11.81, a current ratio of 12.41 and a quick ratio of 12.36. The company has a market capitalization of $6.69 billion and a P/E ratio of 2.95. The business’s 50 day simple moving average is €64.79 and its 200-day simple moving average is €66.82. Scout24 has a one year low of €58.20 ($68.47) and a one year high of €79.80 ($93.88).
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.
Featured Story: Understanding Market Liquidity
Receive News & Ratings for Scout24 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Scout24 and related companies with MarketBeat.com's FREE daily email newsletter.