AMADEUS IT HLDG/ADR (AMADY) Upgraded by Zacks Investment Research to Hold

Zacks Investment Research upgraded shares of AMADEUS IT HLDG/ADR (OTCMKTS:AMADY) from a sell rating to a hold rating in a research note released on Monday, Zacks.com reports.

According to Zacks, “Amadeus IT Holding SA provides technology solutions for the global travel industry. The company’s customer groups include travel providers which consists of airlines, hotels, rail and ferry operators; travel sellers consists of travel agencies and websites, travel buyers consists of corporations and travel management companies. Amadeus IT Holding SA is headquartered in Madrid, Spain. “

Separately, Berenberg Bank started coverage on AMADEUS IT HLDG/ADR in a research report on Monday, January 14th. They issued a buy rating for the company.



OTCMKTS AMADY opened at $78.50 on Monday. The firm has a market capitalization of $34.57 billion, a P/E ratio of 26.17 and a beta of 0.93. AMADEUS IT HLDG/ADR has a 12 month low of $66.34 and a 12 month high of $96.00.

AMADEUS IT HLDG/ADR Company Profile

Amadeus IT Group, SA, together with its subsidiaries, operates as a transaction processor for the travel and tourism industry worldwide. The company operates in two segments, Distribution and IT Solutions. The company acts as an international network providing real-time search, pricing, booking, and ticketing services.

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