CTS Eventim AG & Co KGaA (EVD) PT Set at €44.00 by Baader Bank

Baader Bank set a €44.00 ($51.16) price target on CTS Eventim AG & Co KGaA (ETR:EVD) in a report issued on Friday, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.

A number of other equities analysts have also commented on the company. DZ Bank reissued a buy rating on shares of CTS Eventim AG & Co KGaA in a research note on Tuesday, February 26th. Berenberg Bank set a €46.00 ($53.49) price target on CTS Eventim AG & Co KGaA and gave the company a buy rating in a research note on Wednesday, February 27th. Finally, Kepler Capital Markets set a €41.00 ($47.67) price target on CTS Eventim AG & Co KGaA and gave the company a buy rating in a research note on Wednesday, February 27th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and six have given a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and a consensus price target of €43.79 ($50.91).

Shares of CTS Eventim AG & Co KGaA stock opened at €44.20 ($51.40) on Friday. CTS Eventim AG & Co KGaA has a 12 month low of €30.64 ($35.63) and a 12 month high of €46.46 ($54.02). The company has a market cap of $4.24 billion and a P/E ratio of 35.79. The company has a debt-to-equity ratio of 17.72, a current ratio of 1.03 and a quick ratio of 0.95.

CTS Eventim AG & Co KGaA Company Profile

CTS Eventim AG & Co KGaA operates in the leisure events market worldwide. It operates in two segments, Ticketing and Live Entertainment. The Ticketing segment produces, sells, brokers, distributes, and markets tickets for concerts, theatre, art, sports, and other events. It markets events (tickets) through eventim.de and using its network platform, EVENTIM.Net; in-house ticketing products through EVENTIM.Inhouse; sport ticketing products through EVENTIM.Tixx; and self-service products for event organizers through EVENTIM.Light, as well as provides a solution for ticket sales and admission control through EVENTIM.Access.

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Analyst Recommendations for CTS Eventim AG & Co KGaA (ETR:EVD)

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