CTS Eventim AG & Co KGaA (ETR:EVD) Given a €49.00 Price Target at Nord/LB

Nord/LB set a €49.00 ($56.98) target price on CTS Eventim AG & Co KGaA (ETR:EVD) in a research note released on Thursday, September 19th, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Several other equities research analysts have also recently issued reports on EVD. Berenberg Bank set a €53.00 ($61.63) price objective on CTS Eventim AG & Co KGaA and gave the stock a buy rating in a report on Monday, September 2nd. Kepler Capital Markets set a €43.50 ($50.58) price objective on CTS Eventim AG & Co KGaA and gave the stock a buy rating in a report on Wednesday, June 19th. DZ Bank reiterated a neutral rating on shares of CTS Eventim AG & Co KGaA in a report on Friday, August 23rd. Finally, Baader Bank set a €42.00 ($48.84) price objective on CTS Eventim AG & Co KGaA and gave the stock a sell rating in a report on Thursday, July 25th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the stock. CTS Eventim AG & Co KGaA presently has a consensus rating of Hold and an average price target of €47.10 ($54.77).

EVD stock traded up €0.45 ($0.52) during trading on Thursday, hitting €52.10 ($60.58). The stock had a trading volume of 101,095 shares, compared to its average volume of 148,299. The company has a debt-to-equity ratio of 44.05, a current ratio of 0.98 and a quick ratio of 0.84. CTS Eventim AG & Co KGaA has a twelve month low of €30.64 ($35.63) and a twelve month high of €53.05 ($61.69). The stock has a market capitalization of $5.00 billion and a P/E ratio of 40.70. The company’s 50-day moving average price is €50.09 and its two-hundred day moving average price is €44.77.

About CTS Eventim AG & Co KGaA

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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