DZ Bank Reaffirms “Neutral” Rating for CTS Eventim AG & Co KGaA (ETR:EVD)

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DZ Bank reissued their neutral rating on shares of CTS Eventim AG & Co KGaA (ETR:EVD) in a research note issued to investors on Friday, Borsen Zeitung reports.

Other equities analysts have also recently issued research reports about the stock. Baader Bank set a €42.00 ($48.84) target price on shares of CTS Eventim AG & Co KGaA and gave the company a sell rating in a research note on Thursday, July 25th. Berenberg Bank set a €53.00 ($61.63) target price on shares of CTS Eventim AG & Co KGaA and gave the company a buy rating in a research note on Monday, August 19th. Finally, Kepler Capital Markets set a €43.50 ($50.58) target price on shares of CTS Eventim AG & Co KGaA and gave the company a buy rating in a research note on Wednesday, June 19th. One research analyst has rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the company. The stock currently has an average rating of Buy and an average price target of €44.50 ($51.74).

CTS Eventim AG & Co KGaA stock opened at €51.45 ($59.83) on Friday. The stock has a market cap of $4.94 billion and a price-to-earnings ratio of 40.20. The company has a current ratio of 0.98, a quick ratio of 0.84 and a debt-to-equity ratio of 44.05. The company’s 50-day moving average price is €44.79 and its two-hundred day moving average price is €42.38. CTS Eventim AG & Co KGaA has a 52 week low of €30.64 ($35.63) and a 52 week high of €53.05 ($61.69).

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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