Scout24 (ETR:G24) received a €50.00 ($58.14) price objective from research analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Wednesday. The firm currently has a “buy” rating on the stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 25.00% from the company’s previous close.
A number of other equities analysts also recently commented on the company. Bank of America set a €37.00 ($43.02) target price on Scout24 and gave the company a “sell” rating in a report on Monday. Barclays set a €46.00 ($53.49) target price on Scout24 and gave the company a “neutral” rating in a report on Friday, December 14th. Deutsche Bank restated a “buy” rating on shares of Scout24 in a report on Thursday, December 13th. Goldman Sachs Group set a €42.60 ($49.53) target price on Scout24 and gave the company a “neutral” rating in a report on Friday, December 7th. Finally, UBS Group set a €43.20 ($50.23) price objective on Scout24 and gave the stock a “buy” rating in a report on Monday, November 26th. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of €44.26 ($51.46).
Shares of Scout24 stock opened at €40.00 ($46.51) on Wednesday. Scout24 has a 52 week low of €29.81 ($34.66) and a 52 week high of €37.60 ($43.72).
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.
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