CTS Eventim AG & Co KGaA (ETR:EVD)‘s stock had its “neutral” rating reaffirmed by investment analysts at DZ Bank in a research note issued to investors on Friday, Borsen Zeitung reports.
A number of other research analysts also recently issued reports on EVD. Berenberg Bank set a €45.00 ($52.33) price target on CTS Eventim AG & Co KGaA and gave the company a “buy” rating in a report on Thursday. Baader Bank set a €42.00 ($48.84) price target on CTS Eventim AG & Co KGaA and gave the company a “sell” rating in a report on Wednesday. Kepler Capital Markets set a €53.00 ($61.63) price target on CTS Eventim AG & Co KGaA and gave the company a “neutral” rating in a report on Monday, March 2nd. Finally, Nord/LB set a €30.00 ($34.88) price target on CTS Eventim AG & Co KGaA and gave the company a “neutral” rating in a report on Friday, March 20th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of €42.50 ($49.42).
Shares of ETR EVD traded up €0.52 ($0.60) during trading on Friday, reaching €35.44 ($41.21). The company had a trading volume of 209,383 shares, compared to its average volume of 148,299. CTS Eventim AG & Co KGaA has a 12-month low of €25.54 ($29.70) and a 12-month high of €61.55 ($71.57). The stock has a market cap of $3.40 billion and a PE ratio of 25.59. The business’s 50-day moving average is €38.23 and its 200 day moving average is €49.17. The company has a quick ratio of 0.89, a current ratio of 0.97 and a debt-to-equity ratio of 37.90.
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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