CTS Eventim AG & Co KGaA (ETR:EVD)‘s stock had its “neutral” rating restated by investment analysts at DZ Bank in a report issued on Friday, Borsen Zeitung reports.
Several other equities analysts have also recently weighed in on EVD. Baader Bank set a €42.00 ($48.84) price objective on shares of CTS Eventim AG & Co KGaA and gave the stock a “sell” rating in a research report on Thursday, July 25th. Berenberg Bank set a €53.00 ($61.63) price objective on shares of CTS Eventim AG & Co KGaA and gave the stock a “buy” rating in a research report on Monday, August 19th. Finally, Kepler Capital Markets set a €43.50 ($50.58) price objective on shares of CTS Eventim AG & Co KGaA and gave the stock a “buy” rating in a research report on Wednesday, June 19th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of €44.50 ($51.74).
ETR EVD opened at €51.45 ($59.83) on Friday. CTS Eventim AG & Co KGaA has a twelve month low of €30.64 ($35.63) and a twelve month high of €47.62 ($55.37). The company has a debt-to-equity ratio of 11.57, a quick ratio of 0.90 and a current ratio of 1.02. The stock has a market cap of $4.94 billion and a price-to-earnings ratio of 41.56. The firm’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 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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