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

Shares of Scout24 SE (OTCMKTS:SCOTFGet Rating) have earned an average recommendation of “Buy” from the nine research firms that are presently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $70.00.

Several research firms have weighed in on SCOTF. Jefferies Financial Group began coverage on Scout24 in a research note on Wednesday, February 2nd. They set a “buy” rating on the stock. The Goldman Sachs Group began coverage on Scout24 in a report on Thursday, January 20th. They issued a “neutral” rating for the company. Credit Suisse Group boosted their price objective on Scout24 from €61.00 ($64.21) to €64.00 ($67.37) in a report on Thursday, May 5th. Finally, JPMorgan Chase & Co. boosted their price objective on Scout24 from €69.00 ($72.63) to €73.00 ($76.84) and gave the company an “overweight” rating in a report on Tuesday.

Scout24 stock opened at $62.64 on Thursday. The business’s 50-day simple moving average is $62.64 and its two-hundred day simple moving average is $67.19. Scout24 has a fifty-two week low of $60.14 and a fifty-two week high of $72.90.

Scout24 Company Profile (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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