Baader Bank set a €30.00 ($35.29) price target on CTS Eventim AG & Co. KGaA (ETR:EVD) in a research note published on Thursday morning, Borsen Zeitung reports. The firm currently has a sell rating on the stock.
Other equities research analysts have also recently issued research reports about the stock. DZ Bank reiterated a sell rating on shares of CTS Eventim AG & Co. KGaA in a research report on Thursday, March 25th. 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 report on Thursday, March 25th. Kepler Capital Markets set a €49.00 ($57.65) target price on shares of CTS Eventim AG & Co. KGaA and gave the stock a neutral rating in a research report on Friday, January 22nd. Finally, Nord/LB set a €45.00 ($52.94) target price on shares of CTS Eventim AG & Co. KGaA and gave the stock a sell rating in a research report on Tuesday, April 13th. Three research analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company. CTS Eventim AG & Co. KGaA currently has a consensus rating of Hold and a consensus price target of €49.20 ($57.88).
Shares of EVD stock opened at €55.70 ($65.53) on Thursday. CTS Eventim AG & Co. KGaA has a 52-week low of €31.36 ($36.89) and a 52-week high of €59.20 ($69.65). The stock has a market cap of $5.35 billion and a price-to-earnings ratio of -64.99. The company has a debt-to-equity ratio of 69.16, a quick ratio of 0.77 and a current ratio of 0.88. The firm has a fifty day moving average of €53.38 and a 200-day moving average of €52.50.
About CTS Eventim AG & Co. KGaA
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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