Royal Bank of Canada set a €43.00 ($50.59) target price on Scout24 (ETR:G24) in a research report sent to investors on Tuesday morning. The brokerage currently has a neutral rating on the stock.
A number of other analysts also recently issued reports on the stock. Macquarie set a €49.54 ($58.28) target price on shares of Scout24 and gave the stock a buy rating in a research report on Thursday, June 7th. Warburg Research set a €42.00 ($49.41) target price on shares of Scout24 and gave the stock a neutral rating in a research report on Wednesday, June 6th. JPMorgan Chase & Co. set a €45.00 ($52.94) target price on shares of Scout24 and gave the stock a neutral rating in a research report on Wednesday, June 6th. Morgan Stanley set a €48.00 ($56.47) target price on shares of Scout24 and gave the stock a buy rating in a research report on Wednesday, May 30th. Finally, Credit Suisse Group set a €47.10 ($55.41) target price on shares of Scout24 and gave the stock a neutral rating in a research report on Thursday, May 10th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and six have issued a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus target price of €42.18 ($49.62).
Get Scout24 alerts:G24 opened at €45.88 ($53.98) on Tuesday. Scout24 has a 1 year low of €29.81 ($35.07) and a 1 year high of €37.60 ($44.24).
About Scout24
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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