CTS Eventim AG & Co KGaA (EVD) Given a €49.00 Price Target by Berenberg Bank Analysts

CTS Eventim AG & Co KGaA (ETR:EVD) received a €49.00 ($58.33) price objective from Berenberg Bank in a research report issued to clients and investors on Tuesday. The brokerage currently has a “buy” rating on the stock.

Several other equities research analysts have also recently issued reports on the company. Nord/LB set a €45.00 ($53.57) price objective on CTS Eventim AG & Co KGaA and gave the stock a “buy” rating in a report on Tuesday, May 30th. DZ Bank AG reiterated a “buy” rating on shares of CTS Eventim AG & Co KGaA in a report on Friday, May 26th. Oddo Bhf set a €40.00 ($47.62) target price on CTS Eventim AG & Co KGaA and gave the stock a “buy” rating in a report on Friday, August 25th. Baader Bank set a €44.00 ($52.38) target price on CTS Eventim AG & Co KGaA and gave the stock a “buy” rating in a report on Friday, June 9th. Finally, Kepler Capital Markets set a €40.00 ($47.62) target price on CTS Eventim AG & Co KGaA and gave the stock a “buy” rating in a report on Monday, August 28th. Eight equities research analysts have rated the stock with a buy rating, The stock has an average rating of “Buy” and a consensus price target of €42.57 ($50.68).

Shares of CTS Eventim AG & Co KGaA (ETR:EVD) opened at 37.599 on Tuesday. The stock has a market capitalization of €3.61 billion and a P/E ratio of 34.463. CTS Eventim AG & Co KGaA has a 12 month low of €27.22 and a 12 month high of €40.40. The firm’s 50-day moving average price is €37.86 and its 200-day moving average price is €37.32.

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CTS Eventim AG & Co KGaA Company Profile

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, as well as merchandising articles; and provides travel services.

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

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