CTS Eventim AG & Co KGaA’s (EVD) “Neutral” Rating Reiterated at DZ Bank

CTS Eventim AG & Co KGaA (ETR:EVD)‘s stock had its “neutral” rating reiterated by DZ Bank in a research report issued to clients and investors on Friday, Borsen Zeitung reports.

EVD has been the subject of a number of other reports. Baader Bank set a €40.00 ($46.51) price target on shares of CTS Eventim AG & Co KGaA and gave the company a “buy” rating in a report on Tuesday, February 26th. Kepler Capital Markets set a €41.00 ($47.67) price target on shares of CTS Eventim AG & Co KGaA and gave the company a “buy” rating in a report on Wednesday, February 27th. Finally, Berenberg Bank set a €46.00 ($53.49) price target on shares of CTS Eventim AG & Co KGaA and gave the company a “buy” rating in a report on Wednesday, February 27th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the company. CTS Eventim AG & Co KGaA has a consensus rating of “Buy” and an average target price of €43.50 ($50.58).

EVD opened at €43.12 ($50.14) on Friday. The firm has a market cap of $4.14 billion and a P/E ratio of 34.91. CTS Eventim AG & Co KGaA has a twelve month low of €30.64 ($35.63) and a twelve month high of €46.46 ($54.02). The company has a quick ratio of 0.95, a current ratio of 1.03 and a debt-to-equity ratio of 17.72.

About CTS Eventim AG & Co KGaA

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

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