Berenberg Bank set a €49.00 ($58.33) price objective on CTS Eventim AG & Co KGaA (ETR:EVD) in a research note published on Tuesday morning. The brokerage currently has a buy rating on the stock.

EVD has been the subject of several other reports. DZ Bank AG reissued a buy rating on shares of CTS Eventim AG & Co KGaA in a report on Friday, May 26th. Baader Bank set a €44.00 ($52.38) price objective on CTS Eventim AG & Co KGaA and gave the company a buy rating in a report on Tuesday, September 12th. Commerzbank Ag set a €40.00 ($47.62) price objective on CTS Eventim AG & Co KGaA and gave the company a buy rating in a report on Monday, August 14th. Kepler Capital Markets set a €40.00 ($47.62) price objective on CTS Eventim AG & Co KGaA and gave the company a buy rating in a report on Monday, August 14th. Finally, Nord/LB set a €45.00 ($53.57) price objective on CTS Eventim AG & Co KGaA and gave the company a buy rating in a report on Thursday, June 29th. Eight analysts have rated the stock with a buy rating, CTS Eventim AG & Co KGaA presently has an average rating of Buy and a consensus price target of €42.57 ($50.68).

CTS Eventim AG & Co KGaA (ETR EVD) opened at 37.41 on Tuesday. The stock’s 50 day moving average price is €37.86 and its 200 day moving average price is €37.32. The firm has a market capitalization of €3.59 billion and a PE ratio of 34.29. CTS Eventim AG & Co KGaA has a 52-week low of €27.22 and a 52-week high of €40.40.

ILLEGAL ACTIVITY NOTICE: “CTS Eventim AG & Co KGaA (EVD) PT Set at €49.00 by Berenberg Bank” was published by Daily Political and is the sole property of of Daily Political. If you are accessing this piece of content on another domain, it was illegally stolen and reposted in violation of U.S. and international copyright laws. The original version of this piece of content can be viewed at https://www.dailypolitical.com/2017/09/22/cts-eventim-ag-49-00-by-berenberg-bank.html.

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, as well as merchandising articles; and provides travel services.

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

Receive News & Ratings for CTS Eventim AG & Co KGaA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CTS Eventim AG & Co KGaA and related companies with MarketBeat.com's FREE daily email newsletter.