CTS Eventim AG & Co. KGaA (ETR:EVD) received a €49.00 ($58.33) target price from research analysts at Berenberg Bank in a note issued to investors on Tuesday. The firm presently has a “buy” rating on the stock. Berenberg Bank’s target price points to a potential upside of 22.93% from the stock’s previous close.

Several other analysts have also recently issued reports on the company. Nord/LB set a €45.00 ($53.57) target price on CTS Eventim AG & Co. KGaA and gave the stock a “buy” rating in a research report on Thursday, September 7th. equinet set a €40.00 ($47.62) target price on CTS Eventim AG & Co. KGaA and gave the stock a “buy” rating in a research report on Monday, November 20th. Baader Bank set a €44.00 ($52.38) target price on CTS Eventim AG & Co. KGaA and gave the stock a “buy” rating in a research report on Tuesday, September 12th. DZ Bank reiterated a “buy” rating on shares of CTS Eventim AG & Co. KGaA in a research report on Monday, November 13th. Finally, Oddo Bhf set a €40.00 ($47.62) target price on CTS Eventim AG & Co. KGaA and gave the stock a “buy” rating in a research report on Friday, August 25th. Eight equities research analysts have rated the stock with a buy rating, CTS Eventim AG & Co. KGaA presently has a consensus rating of “Buy” and an average price target of €43.71 ($52.04).

CTS Eventim AG & Co. KGaA (ETR:EVD) opened at €39.86 ($47.45) on Tuesday. CTS Eventim AG & Co. KGaA has a 12 month low of €27.03 ($32.18) and a 12 month high of €41.48 ($49.38).

TRADEMARK VIOLATION NOTICE: “Berenberg Bank Analysts Give CTS Eventim AG & Co. KGaA (EVD) a €49.00 Price Target” was first reported by American Banking News and is the property of of American Banking News. If you are viewing this report on another website, it was illegally stolen and reposted in violation of U.S. and international copyright & trademark law. The legal version of this report can be accessed at https://www.americanbankingnews.com/2017/12/05/berenberg-bank-analysts-give-cts-eventim-ag-49-00-price-target.html.

About CTS Eventim AG & Co. KGaA

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.