Shares of Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY – Get Free Report) have been given a consensus rating of “Buy” by the six analysts that are presently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating, two have assigned a buy rating and two have given a strong buy rating to the company.
Several research analysts recently commented on the company. Citigroup lowered Amadeus IT Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday. Santander raised Amadeus IT Group to an “outperform” rating in a research note on Friday, November 21st.
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Amadeus IT Group Price Performance
About Amadeus IT Group
Amadeus IT Group is a global travel-technology company that develops and supplies software and IT services for the travel and tourism industry. Founded in the late 1980s as a technology venture by a group of European airlines, Amadeus has evolved into an integrated provider of distribution, passenger service systems and operations software used across the travel value chain. The company’s platforms support booking, ticketing, departure control, inventory and other core travel transaction functions for industry participants.
Amadeus’s product offering spans a global distribution system used by travel agencies and online travel sellers, airline passenger service systems (notably the Altéa suite), airport operations and departure control solutions, as well as software for hotels, rail operators and car rental companies.
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