AMADEUS IT HLDG/ADR (AMADY) Rating Increased to Hold at Zacks Investment Research

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Zacks Investment Research upgraded shares of AMADEUS IT HLDG/ADR (OTCMKTS:AMADY) from a sell rating to a hold rating in a report 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 report on Monday, January 14th. They set a buy rating on the stock.

Shares of OTCMKTS AMADY opened at $78.50 on Monday. The stock has a market cap of $34.57 billion, a P/E ratio of 26.17 and a beta of 0.93. AMADEUS IT HLDG/ADR has a 1-year low of $66.34 and a 1-year high of $96.00.

About AMADEUS IT HLDG/ADR

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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