A number of other brokerages also recently commented on G24. Royal Bank of Canada set a €43.00 ($50.00) target price on Scout24 and gave the company a neutral rating in a research note on Tuesday, July 17th. Oddo Bhf set a €28.00 ($32.56) target price on Scout24 and gave the company a sell rating in a research note on Thursday, July 19th. Barclays set a €47.00 ($54.65) target price on Scout24 and gave the company a neutral rating in a research note on Friday, July 20th. Kepler Capital Markets set a €43.00 ($50.00) target price on Scout24 and gave the company a buy rating in a research note on Wednesday, July 18th. Finally, JPMorgan Chase & Co. set a €45.00 ($52.33) target price on Scout24 and gave the company a neutral rating in a research note on Wednesday, July 18th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have assigned a buy rating to the stock. The company has an average rating of Hold and a consensus price target of €44.06 ($51.24).
G24 stock traded up €0.16 ($0.19) during midday trading on Thursday, reaching €36.80 ($42.79). The company had a trading volume of 243,878 shares, compared to its average volume of 223,980. Scout24 has a fifty-two week low of €29.81 ($34.66) and a fifty-two 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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