CTS Eventim AG & Co. KGaA (OTCMKTS:CEVMF) Upgraded to Buy at Baader Bank

Baader Bank upgraded shares of CTS Eventim AG & Co. KGaA (OTCMKTS:CEVMFGet Rating) from a reduce rating to a buy rating in a report released on Wednesday morning, The Fly reports. The brokerage currently has €60.00 ($61.22) price objective on the stock, up from their prior price objective of €52.00 ($53.06).

Separately, Redburn Partners assumed coverage on CTS Eventim AG & Co. KGaA in a report on Tuesday. They set a buy rating for the company.

CTS Eventim AG & Co. KGaA Price Performance

Shares of OTCMKTS CEVMF opened at $44.00 on Wednesday. The stock has a fifty day moving average price of $46.34 and a 200 day moving average price of $52.90. CTS Eventim AG & Co. KGaA has a 1-year low of $44.00 and a 1-year high of $78.75.

CTS Eventim AG & Co. KGaA Company Profile

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CTS Eventim AG & Co KGaA operates in the leisure events market in Germany, Italy, the United States, Switzerland, Austria, Finland, the Netherlands, Spain, and internationally. 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.

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