11:53 AM EDT, 08/25/2026 (MT Newswires) -- Metzler Capital Markets initiated its coverage of CTS Eventim (EVD.F) with a buy rating, noting that the German ticketing and live entertainment operator's revenue visibility is supported by its strong pipeline of events. "We believe CTS is well-positioned to drive a MSD% organic top-line CAGR (2026-2028E), underpinned by 1) the expansion of mobile ticketing, 2) pricing and 3) a solid events pipeline. Furthermore, we expect continued margin expansion through more pronounced operating leverage and a higher share of ancillary products in the mix (ticket insurance, bundled offerings and hotel accommodations). With a projected net cash position of EUR1.1bn by year-end 2028, we also see scope for accelerated shareholder returns," the research firm said Tuesday. "Crucially, we think CTS is structurally protected against AI disintermediation through direct control over ticket inventory, strategic promoter relationships and regulatory barriers." Analysts also identified the company's upcoming capital markets day in Milan on Nov. 20, where it is expected to present a 360-degree refresh strategy, as a positive catalyst. The stock's price target was set at 90 euros.

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