Scout24 (G24) PT Set at €38.90 by Barclays

Scout24 (ETR:G24) has been given a €38.90 ($46.31) target price by Barclays in a research report issued to clients and investors on Wednesday, November 15th. The brokerage currently has a “buy” rating on the stock. Barclays’ target price points to a potential upside of 12.66% from the stock’s previous close.

Other analysts also recently issued research reports about the stock. Kepler Capital Markets set a €38.50 ($45.83) price objective on shares of Scout24 and gave the stock a “buy” rating in a research note on Friday, October 27th. Morgan Stanley set a €40.00 ($47.62) price objective on shares of Scout24 and gave the stock a “buy” rating in a research note on Wednesday, October 25th. Goldman Sachs Group set a €39.00 ($46.43) price objective on shares of Scout24 and gave the stock a “buy” rating in a research note on Thursday, August 10th. Finally, Commerzbank set a €39.00 ($46.43) price objective on shares of Scout24 and gave the stock a “buy” rating in a research note on Monday, August 7th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of €36.86 ($43.89).

Shares of Scout24 (G24) traded up €0.01 ($0.01) during mid-day trading on Wednesday, hitting €34.53 ($41.11). The stock had a trading volume of 180,265 shares, compared to its average volume of 160,815. Scout24 has a 12 month low of €29.81 ($35.49) and a 12 month high of €35.97 ($42.82).

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About Scout24

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 (ETR:G24)

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