Zacks Investment Research Upgrades AMADEUS IT HLDG/ADR (AMADY) to “Hold”

AMADEUS IT HLDG/ADR (OTCMKTS:AMADY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued 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 initiated coverage on AMADEUS IT HLDG/ADR in a report on Monday, January 14th. They issued a “buy” rating for the company.

OTCMKTS AMADY opened at $78.39 on Monday. AMADEUS IT HLDG/ADR has a fifty-two week low of $66.34 and a fifty-two week high of $96.00. The firm has a market capitalization of $34.43 billion, a PE ratio of 26.13 and a beta of 0.93.

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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