CTS Eventim AG & Co KGaA (EVD) Receives €42.57 Consensus Target Price from Analysts

Shares of CTS Eventim AG & Co KGaA (ETR:EVD) have been given an average recommendation of “Buy” by the eight research firms that are presently covering the company, Marketbeat.com reports. Eight research analysts have rated the stock with a buy recommendation. The average twelve-month target price among analysts that have covered the stock in the last year is €42.57 ($50.08).

A number of research analysts have recently commented on EVD shares. 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 Wednesday, September 20th. Berenberg Bank set a €49.00 ($57.65) price objective on CTS Eventim AG & Co KGaA and gave the company a “buy” rating in a report on Tuesday, September 19th. Oddo Bhf 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 Thursday, September 7th. 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, September 7th. Finally, 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 28th.

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CTS Eventim AG & Co KGaA (ETR EVD) traded up 1.18% during trading on Friday, reaching €35.75. The company’s stock had a trading volume of 572 shares. The stock has a 50 day moving average price of €36.60 and a 200 day moving average price of €37.52. CTS Eventim AG & Co KGaA has a 1-year low of €27.22 and a 1-year high of €40.40. The stock has a market capitalization of €3.43 billion and a PE ratio of 32.77.

About CTS Eventim AG & Co KGaA

CTS EVENTIM AG & Co KGaA operates in the leisure events market worldwide. It operates through two segments, Ticketing and Live Entertainment. The Ticketing segment produces, sells, brokers, distributes, and markets tickets for concerts, theatre, art, sports, and other events, as well as merchandising articles; and provides travel services.

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

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