Baader Bank set a €42.00 ($48.84) price objective on CTS Eventim AG & Co KGaA (ETR:EVD) in a research note issued to investors on Monday, Borsen Zeitung reports. The firm currently has a sell rating on the stock.
A number of other research analysts have also issued reports on the stock. Kepler Capital Markets set a €53.00 ($61.63) target price on shares of CTS Eventim AG & Co KGaA and gave the company a neutral rating in a research note on Thursday, November 7th. Nord/LB set a €55.00 ($63.95) price target on shares of CTS Eventim AG & Co KGaA and gave the stock a neutral rating in a research report on Thursday, November 28th. DZ Bank restated a neutral rating on shares of CTS Eventim AG & Co KGaA in a research report on Friday, November 22nd. Finally, Berenberg Bank set a €63.00 ($73.26) price target on shares of CTS Eventim AG & Co KGaA and gave the stock a buy rating in a research report on Wednesday, November 6th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus target price of €53.25 ($61.92).
ETR:EVD opened at €58.75 ($68.31) on Monday. CTS Eventim AG & Co KGaA has a 1 year low of €33.70 ($39.19) and a 1 year high of €59.15 ($68.78). The firm’s fifty day simple moving average is €55.83 and its 200 day simple moving average is €50.01. The company has a current ratio of 1.01, a quick ratio of 0.89 and a debt-to-equity ratio of 41.41. The firm has a market capitalization of $5.64 billion and a PE ratio of 44.27.
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.
Featured Article: What moving averages are used to define a golden cross?
Receive News & Ratings for CTS Eventim AG & Co KGaA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CTS Eventim AG & Co KGaA and related companies with MarketBeat.com's FREE daily email newsletter.