Scout24 SE (OTCMKTS:SCOTF) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Scout24 SE (OTCMKTS:SCOTFGet Rating) have received an average recommendation of “Buy” from the eight research firms that are presently covering the stock, MarketBeat reports. Seven research analysts have rated the stock with a buy rating. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $64.60.

Several equities research analysts have recently commented on SCOTF shares. Societe Generale upgraded shares of Scout24 from a “hold” rating to a “buy” rating in a research report on Friday, November 4th. Credit Suisse Group lowered their target price on shares of Scout24 from €57.00 ($61.96) to €49.00 ($53.26) in a report on Tuesday, November 15th. JPMorgan Chase & Co. increased their price target on Scout24 from €62.00 ($67.39) to €64.00 ($69.57) and gave the company an “overweight” rating in a research note on Friday, December 2nd. Finally, UBS Group cut their price target on Scout24 from €69.00 ($75.00) to €64.00 ($69.57) and set a “buy” rating on the stock in a research note on Wednesday, November 2nd.

Scout24 Price Performance

Shares of OTCMKTS:SCOTF opened at $62.64 on Tuesday. Scout24 has a 12 month low of $60.14 and a 12 month high of $72.90. The company’s 50-day moving average price is $62.62 and its two-hundred day moving average price is $62.57.

About Scout24

(Get Rating)

Scout24 SE operates ImmoScout24, a digital platform for the residential and commercial real estate sectors in Germany and internationally. The company offers Realtor Lead Engine and Immoverkauf24 products for selling real estate; Mortgage Lead Engine, a product to finance real estate; FLOWFACT and Propstack, a CRM software solution for real estate agents; and TenantPlus+ provides rental properties.

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Analyst Recommendations for Scout24 (OTCMKTS:SCOTF)

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