Scout24 (ETR:G24) PT Set at €61.00 by The Goldman Sachs Group

Scout24 (ETR:G24Get Rating) received a €61.00 ($66.30) price objective from analysts at The Goldman Sachs Group in a report released on Thursday, Borsen Zeitung reports. The Goldman Sachs Group’s target price suggests a potential upside of 21.18% from the company’s current price.

Several other brokerages also recently issued reports on G24. Deutsche Bank Aktiengesellschaft set a €75.00 ($81.52) price target on Scout24 in a research report on Wednesday, November 2nd. Jefferies Financial Group set a €71.00 ($77.17) target price on shares of Scout24 in a research note on Thursday, December 15th. Berenberg Bank set a €70.00 ($76.09) price target on shares of Scout24 in a research report on Tuesday, November 8th. UBS Group set a €57.30 ($62.28) price objective on shares of Scout24 in a research report on Monday, December 19th. Finally, JPMorgan Chase & Co. set a €62.00 ($67.39) target price on Scout24 in a research report on Friday, December 16th.

Scout24 Price Performance

ETR G24 opened at €50.34 ($54.72) on Thursday. Scout24 has a 1 year low of €46.90 ($50.98) and a 1 year high of €63.20 ($68.70). The company has a fifty day simple moving average of €50.54 and a 200 day simple moving average of €53.38. The company has a current ratio of 2.31, a quick ratio of 2.23 and a debt-to-equity ratio of 8.54. The company has a market cap of $3.83 billion and a P/E ratio of 44.68.

About Scout24

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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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