CTS Eventim AG & Co KGaA (ETR:EVD) has been given an average recommendation of “Hold” by the six brokerages that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is €47.10 ($54.77).
EVD has been the topic of a number of analyst reports. Nord/LB set a €49.00 ($56.98) target price on shares of CTS Eventim AG & Co KGaA and gave the company a “neutral” rating in a research note on Thursday, September 19th. 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 research note on Friday. Kepler Capital Markets set a €43.50 ($50.58) target price on shares of CTS Eventim AG & Co KGaA and gave the company a “buy” rating in a research note on Wednesday, June 19th. DZ Bank reissued a “neutral” rating on shares of CTS Eventim AG & Co KGaA in a research note on Friday, August 23rd. Finally, Berenberg Bank set a €61.00 ($70.93) target price on shares of CTS Eventim AG & Co KGaA and gave the company a “buy” rating in a research note on Wednesday, October 9th.
ETR EVD traded up €0.75 ($0.87) on Tuesday, reaching €53.10 ($61.74). The company’s stock had a trading volume of 138,681 shares, compared to its average volume of 148,299. The firm has a market cap of $5.10 billion and a PE ratio of 41.48. The business has a 50-day moving average price of €50.48 and a 200 day moving average price of €45.01. CTS Eventim AG & Co KGaA has a 52 week low of €30.64 ($35.63) and a 52 week high of €53.05 ($61.69). The company has a current ratio of 0.98, a quick ratio of 0.84 and a debt-to-equity ratio of 44.05.
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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