CTS Eventim AG & Co KGaA (EVD) Given Average Recommendation of “Buy” by Analysts

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CTS Eventim AG & Co KGaA (ETR:EVD) has been given an average recommendation of “Buy” by the eight ratings firms that are covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1-year price objective among analysts that have covered the stock in the last year is €43.79 ($50.91).

Several research analysts recently issued reports on the company. DZ Bank reaffirmed a “buy” rating on shares of CTS Eventim AG & Co KGaA in a research report on Thursday, March 21st. Baader Bank set a €44.00 ($51.16) target price on CTS Eventim AG & Co KGaA and gave the stock a “neutral” rating in a research report on Wednesday, March 27th. Finally, Kepler Capital Markets set a €43.50 ($50.58) target price on CTS Eventim AG & Co KGaA and gave the stock a “buy” rating in a research report on Thursday, March 21st.

EVD stock opened at €44.20 ($51.40) on Tuesday. The company has a market cap of $4.24 billion and a P/E ratio of 35.79. The company has a current ratio of 1.03, a quick ratio of 0.95 and a debt-to-equity ratio of 17.72. CTS Eventim AG & Co KGaA has a 12-month low of €30.64 ($35.63) and a 12-month high of €43.86 ($51.00).

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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