Nord/LB set a €49.00 ($56.98) price objective on CTS Eventim AG & Co KGaA (ETR:EVD) in a research note released on Thursday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

EVD has been the subject of several other reports. DZ Bank reaffirmed a neutral rating on shares of CTS Eventim AG & Co KGaA in a research report on Friday, August 23rd. Berenberg Bank set a €53.00 ($61.63) target price on shares of CTS Eventim AG & Co KGaA and gave the stock a buy rating in a research report on Monday, September 2nd. Kepler Capital Markets set a €43.50 ($50.58) target price on shares of CTS Eventim AG & Co KGaA and gave the stock a buy rating in a research report on Wednesday, June 19th. Finally, Baader Bank set a €42.00 ($48.84) target price on shares of CTS Eventim AG & Co KGaA and gave the stock a sell rating in a research report on Thursday, July 25th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the stock. CTS Eventim AG & Co KGaA has an average rating of Hold and an average target price of €45.50 ($52.91).

ETR:EVD opened at €49.76 ($57.86) on Thursday. The company has a 50-day moving average price of €47.92 and a 200-day moving average price of €43.62. CTS Eventim AG & Co KGaA has a 12 month low of €30.64 ($35.63) and a 12 month high of €53.05 ($61.69). The company has a current ratio of 0.98, a quick ratio of 0.84 and a debt-to-equity ratio of 44.05. The stock has a market cap of $4.78 billion and a price-to-earnings ratio of 38.88.

About CTS Eventim AG & Co KGaA

CTS Eventim AG & Co KGaA operates in the leisure events market worldwide. It operates in 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 self-service products for event organizers through EVENTIM.Light, as well as provides a solution for ticket sales and admission control through EVENTIM.Access.

Read More: Dividend Reinvestment Plan (DRIP)

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

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