Nord/LB set a €45.00 ($52.94) target price on CTS Eventim AG & Co. KGaA (ETR:EVD) in a research note issued to investors on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.
A number of other analysts have also weighed in on EVD. DZ Bank reaffirmed a sell rating on shares of CTS Eventim AG & Co. KGaA in a research note on Thursday, March 25th. Berenberg Bank set a €58.00 ($68.24) price objective on shares of CTS Eventim AG & Co. KGaA and gave the stock a neutral rating in a research note on Thursday, March 25th. Kepler Capital Markets set a €49.00 ($57.65) price objective on shares of CTS Eventim AG & Co. KGaA and gave the stock a neutral rating in a research note on Friday, January 22nd. Finally, Baader Bank set a €30.00 ($35.29) price objective on shares of CTS Eventim AG & Co. KGaA and gave the stock a sell rating in a research note on Tuesday, March 23rd. Three analysts have rated the stock with a sell rating and two have assigned a hold rating to the company. The company presently has a consensus rating of Sell and an average price target of €45.50 ($53.53).
Shares of EVD opened at €50.52 ($59.44) on Tuesday. The firm has a market capitalization of $4.85 billion and a P/E ratio of -58.51. CTS Eventim AG & Co. KGaA has a 12-month low of €31.36 ($36.89) and a 12-month high of €59.20 ($69.65). The company has a current ratio of 0.88, a quick ratio of 0.77 and a debt-to-equity ratio of 69.16. The firm has a fifty day moving average price of €54.24 and a 200-day moving average price of €50.13.
CTS Eventim AG & Co KGaA operates in the leisure events market Germany, Italy, Switzerland, Austria, Finland, Netherlands, Spain, 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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