Analyse CTS Eventim stock

Adjusted price target instead of confirmation of the consensus target of EUR 94.67.
Reason: The consensus target is around 65% above the current price of EUR 57.4 and therefore outside the required plausibility range of +/-25%. With a current P/E ratio of 17.54, CTS Eventim is fundamentally not expensive, but a price of EUR 94.67 would mean an implicit P/E ratio of just under 29 if the profit level remained unchanged. This only seems plausible if very strong profit growth, high margin stability and clearly improved sentiment occur at the same time over several years.
Historical/technical: The price is well below the 52-week high of EU...