CTS Eventim AG & Co KGaA (ETR:EVD) received a €48.00 ($55.81) price target from investment analysts at Nord/LB in a note issued to investors on Friday. The brokerage presently has a “buy” rating on the stock. Nord/LB’s price target indicates a potential upside of 28.69% from the company’s previous close.

EVD has been the topic of several other reports. DZ Bank reiterated a “buy” rating on shares of CTS Eventim AG & Co KGaA in a report on Friday, August 24th. Hauck & Aufhaeuser set a €49.00 ($56.98) target price on CTS Eventim AG & Co KGaA and gave the company a “buy” rating in a report on Friday, August 31st. Baader Bank set a €44.00 ($51.16) target price on CTS Eventim AG & Co KGaA and gave the company a “neutral” rating in a report on Thursday, August 16th. Warburg Research set a €41.00 ($47.67) target price on CTS Eventim AG & Co KGaA and gave the company a “neutral” rating in a report on Monday, August 27th. Finally, equinet set a €37.50 ($43.60) target price on CTS Eventim AG & Co KGaA and gave the company a “sell” rating in a report on Monday, August 20th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the stock. CTS Eventim AG & Co KGaA presently has a consensus rating of “Buy” and an average target price of €44.94 ($52.26).

ETR:EVD opened at €37.30 ($43.37) on Friday. CTS Eventim AG & Co KGaA has a 1-year low of €33.64 ($39.12) and a 1-year high of €43.26 ($50.30).

CTS Eventim AG & Co KGaA Company Profile

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. 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 eventim.farm; and self-service products for event organizers through EVENTIM.Light, as well as provides a solution for ticket sales and admission control through evetim.access.

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

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