1047 GMT - Scout24 will join the DAX later this month, a landmark that underlines its structural strength and market leadership, MWB Research analyst Alexander Zienkowicz says in a research note. The inclusion "increases visibility, broadens the investor base and should attract incremental institutional demand," the analyst says. While this doesn't alter the fundamental trajectory, it adds a relevant technical catalyst at a time when the shares have retreated, he adds. MWB Research's fundamental view of the German provider of digital services to the real estate sector remains unchanged. The analyst keeps a price target of 129.00 euros but raises the recommendation to buy from hold. Shares trade 1.9% higher at 109.7 euros. (nina.kienle@wsj.com)

(END) Dow Jones Newswires

September 04, 2025 06:47 ET (10:47 GMT)

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