CTS Eventim AG & Co KGaA (EVD) PT Set at €40.00 by equinet AG

CTS Eventim AG & Co KGaA (ETR:EVD) received a €40.00 ($47.06) price objective from stock analysts at equinet AG in a note issued to investors on Friday. The brokerage currently has a “buy” rating on the stock.

A number of other brokerages have also recently weighed in on EVD. Kepler Capital Markets set a €40.00 ($47.06) price objective on CTS Eventim AG & Co KGaA and gave the company a “buy” rating in a report on Monday, August 14th. Commerzbank Ag set a €40.00 ($47.06) price objective on CTS Eventim AG & Co KGaA and gave the company a “buy” rating in a report on Monday, August 14th. DZ Bank AG reissued a “buy” rating on shares of CTS Eventim AG & Co KGaA in a report on Friday, August 11th. Nord/LB set a €45.00 ($52.94) price objective on CTS Eventim AG & Co KGaA and gave the company a “buy” rating in a report on Thursday, June 29th. Finally, Baader Bank set a €44.00 ($51.76) price objective on CTS Eventim AG & Co KGaA and gave the company a “buy” rating in a report on Friday, June 9th. Seven equities research analysts have rated the stock with a buy rating, CTS Eventim AG & Co KGaA has an average rating of “Buy” and an average target price of €43.00 ($50.59).

CTS Eventim AG & Co KGaA (EVD) opened at 37.745 on Friday. The firm has a market cap of €3.62 billion and a P/E ratio of 34.820. The firm’s 50-day moving average price is €38.89 and its 200 day moving average price is €36.62. CTS Eventim AG & Co KGaA has a 52 week low of €27.22 and a 52 week high of €40.40.

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CTS Eventim AG & Co KGaA Company Profile

CTS Eventim AG & Co KGaA is a Germany-based company that operates in the leisure events and cinema ticketing markets. The Company operates in two segments namely Ticketing and Live Entertainment. The objects of the Ticketing segment are to promote, sell, broker, distribute, and market tickets for cinema, concert, theater, art, sports and other events in Germany and abroad, using data processing and data transmission technologies.

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

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