CTS Eventim AG & Co KGaA (EVD) Target Price Issued at €45.00 by Nord/LB

CTS Eventim AG & Co KGaA (EVD) Target Price Issued at €45.00 by Nord/LB

CTS Eventim AG & Co KGaA (ETR:EVD) has been given a €45.00 ($50.56) price target by equities researchers at Nord/LB in a note issued to investors on Tuesday. The brokerage currently has a “buy” rating on the stock.

Other analysts also recently issued research reports about the stock. Berenberg Bank set a €49.00 ($55.06) price target on shares of CTS Eventim AG & Co KGaA and gave the company a “buy” rating in a report on Monday. Baader Bank set a €38.00 ($42.70) price target on shares of CTS Eventim AG & Co KGaA and gave the company a “buy” rating in a report on Friday. DZ Bank AG reaffirmed a “buy” rating on shares of CTS Eventim AG & Co KGaA in a report on Friday. Finally, equinet AG set a €40.00 ($44.94) price target on shares of CTS Eventim AG & Co KGaA and gave the company a “buy” rating in a report on Saturday, May 20th. Five research analysts have rated the stock with a buy rating, The stock currently has an average rating of “Buy” and an average target price of €43.00 ($48.31).

CTS Eventim AG & Co KGaA (ETR EVD) traded down 1.18% during trading on Tuesday, hitting €37.74. The stock had a trading volume of 530 shares. The stock has a market cap of €3.62 billion and a PE ratio of 34.82. CTS Eventim AG & Co KGaA has a 1-year low of €25.20 and a 1-year high of €38.35. The firm’s 50-day moving average price is €35.98 and its 200-day moving average price is €32.90.

About CTS Eventim AG & Co KGaA

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.

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