CTS Eventim AG & Co. KGaA (ETR:EVD)‘s stock had its “sell” rating reiterated by research analysts at DZ Bank in a report released on Tuesday, Borsen Zeitung reports.
A number of other equities analysts have also recently commented on the company. Baader Bank set a €30.00 ($35.29) price target on CTS Eventim AG & Co. KGaA and gave the stock a “sell” rating in a research note on Thursday, November 19th. Berenberg Bank set a €58.00 ($68.24) target price on shares of CTS Eventim AG & Co. KGaA and gave the stock a “neutral” rating in a research note on Tuesday, January 19th. Kepler Capital Markets set a €49.00 ($57.65) price target on shares of CTS Eventim AG & Co. KGaA and gave the company a “neutral” rating in a research report on Friday, January 22nd. Finally, Nord/LB set a €45.00 ($52.94) price target on shares of CTS Eventim AG & Co. KGaA and gave the stock a “sell” rating in a report on Thursday, January 14th. Three research analysts have rated the stock with a sell rating and two have issued a hold rating to the company’s stock. The company currently has a consensus rating of “Sell” and a consensus target price of €45.50 ($53.53).
Shares of ETR EVD traded down €0.55 ($0.65) during midday trading on Tuesday, reaching €57.00 ($67.06). The company had a trading volume of 138,450 shares, compared to its average volume of 148,299. The stock has a market cap of $5.47 billion and a PE ratio of -4,384.62. CTS Eventim AG & Co. KGaA has a one year low of €25.54 ($30.05) and a one year high of €59.60 ($70.12). The firm’s fifty day moving average price is €52.48 and its 200-day moving average price is €46.42. The company has a quick ratio of 0.78, a current ratio of 0.93 and a debt-to-equity ratio of 82.15.
CTS Eventim AG & Co KGaA operates in the leisure events market Germany, Italy, Switzerland, Austria, and internationally. 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.
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