CTS Eventim AG & Co KGaA (EVD) Given a €40.00 Price Target by Baader Bank Analysts
CTS Eventim AG & Co KGaA (ETR:EVD) has been assigned a €40.00 ($46.51) price objective by analysts at Baader Bank in a report released on Monday. The firm currently has a “buy” rating on the stock. Baader Bank’s price objective indicates a potential upside of 17.51% from the stock’s current price.
A number of other research firms have also recently weighed in on EVD. Nord/LB set a €48.00 ($55.81) price target on CTS Eventim AG & Co KGaA and gave the stock a “buy” rating in a report on Friday, September 21st. Hauck & Aufhaeuser set a €49.00 ($56.98) price target on CTS Eventim AG & Co KGaA and gave the stock a “buy” rating in a report on Friday, August 31st. 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 research note on Monday, August 27th. equinet set a €37.50 ($43.60) target price on CTS Eventim AG & Co KGaA and gave the company a “sell” rating in a research note on Monday, August 20th. Finally, DZ Bank reiterated a “buy” rating on shares of CTS Eventim AG & Co KGaA in a research note on Friday, August 24th. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. CTS Eventim AG & Co KGaA presently has an average rating of “Buy” and an average target price of €44.72 ($52.00).
Shares of EVD stock opened at €34.06 ($39.60) on Monday. CTS Eventim AG & Co KGaA has a one year low of €33.64 ($39.12) and a one year high of €43.26 ($50.30).
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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