CTS Eventim AG & Co KGaA (ETR:EVD)‘s stock had its “neutral” rating reaffirmed by equities research analysts at DZ Bank in a research note issued on Friday, Borsen Zeitung reports.
Other 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 report on Monday, January 6th. 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 report on Thursday, November 7th. Nord/LB set a €55.00 ($63.95) target price on shares of CTS Eventim AG & Co KGaA and gave the company a “neutral” rating in a report on Thursday, November 28th. Finally, Berenberg Bank set a €63.00 ($73.26) target price on shares of CTS Eventim AG & Co KGaA and gave the company a “buy” rating in a report on Wednesday, November 6th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the stock. CTS Eventim AG & Co KGaA has an average rating of “Hold” and an average target price of €53.25 ($61.92).
Shares of ETR:EVD opened at €59.20 ($68.84) on Friday. The firm’s 50 day moving average price is €58.46 and its 200 day moving average price is €53.64. The stock has a market cap of $5.68 billion and a price-to-earnings ratio of 44.61. CTS Eventim AG & Co KGaA has a fifty-two week low of €38.02 ($44.21) and a fifty-two week high of €61.55 ($71.57). The company has a quick ratio of 0.89, a current ratio of 1.01 and a debt-to-equity ratio of 41.41.
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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