CTS Eventim AG & Co KGaA (EVD) Receives Average Recommendation of “Buy” from Analysts

CTS Eventim AG & Co KGaA (ETR:EVD) has been given an average rating of “Buy” by the ten research firms that are covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is €44.00 ($51.16).

EVD has been the topic of a number of recent research reports. Commerzbank set a €44.00 ($51.16) target price on CTS Eventim AG & Co KGaA and gave the company a “buy” rating in a report on Tuesday, March 6th. Baader Bank set a €44.00 ($51.16) target price on CTS Eventim AG & Co KGaA and gave the company a “neutral” rating in a report on Tuesday, February 27th. Warburg Research set a €41.00 ($47.67) target price on CTS Eventim AG & Co KGaA and gave the company a “neutral” rating in a report on Thursday, March 8th. Finally, DZ Bank restated a “buy” rating on shares of CTS Eventim AG & Co KGaA in a report on Tuesday, June 19th.

CTS Eventim AG & Co KGaA traded up €0.34 ($0.40), hitting €42.66 ($49.60), on Tuesday, Marketbeat Ratings reports. The stock had a trading volume of 90,837 shares, compared to its average volume of 148,299. CTS Eventim AG & Co KGaA has a 52 week low of €33.64 ($39.12) and a 52 week high of €43.26 ($50.30).

About CTS Eventim AG & Co KGaA

CTS Eventim AG & Co KGaA operates in the leisure events market worldwide. It operates through 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 eventim.farm; and self-service products for event organizers through EVENTIM.Light, as well as provides a solution for ticket sales and admission control through evetim.access.

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

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