Amadeus IT Group, S.A. (OTCMKTS:AMADY) Short Interest Update

Amadeus IT Group, S.A. (OTCMKTS:AMADYGet Rating) was the target of a significant decline in short interest in the month of October. As of October 31st, there was short interest totalling 1,400 shares, a decline of 17.6% from the October 15th total of 1,700 shares. Based on an average trading volume of 307,200 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

AMADY has been the subject of several recent research reports. Morgan Stanley decreased their target price on shares of Amadeus IT Group from €69.00 ($69.00) to €66.50 ($66.50) in a research report on Monday, October 17th. JPMorgan Chase & Co. cut their target price on shares of Amadeus IT Group from €62.00 ($62.00) to €61.00 ($61.00) in a research note on Monday, November 7th. Finally, Redburn Partners began coverage on shares of Amadeus IT Group in a research note on Wednesday, September 28th. They set a “buy” rating for the company. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $61.38.

Amadeus IT Group Trading Up 4.3 %

OTCMKTS:AMADY opened at $55.49 on Monday. The firm has a fifty day simple moving average of $49.70 and a 200 day simple moving average of $54.89. Amadeus IT Group has a 1-year low of $42.98 and a 1-year high of $72.86. The stock has a market capitalization of $25.00 billion, a PE ratio of 71.14 and a beta of 1.20.

Amadeus IT Group Company Profile

(Get Rating)

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

Featured Articles

Receive News & Ratings for Amadeus IT Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amadeus IT Group and related companies with MarketBeat.com's FREE daily email newsletter.