J.P. Morgan analyst Toby Ogg maintained a Buy rating on Amadeus IT Group, S.A. (AMADY – Research Report) on June 22 and set a price target of €80.00. The company’s shares closed yesterday at $74.37.
Ogg covers the Technology sector, focusing on stocks such as Temenos, Dassault Systemes SA, and Amadeus IT Group, S.A.. According to TipRanks, Ogg has an average return of 1.9% and a 51.43% success rate on recommended stocks.
Currently, the analyst consensus on Amadeus IT Group, S.A. is a Moderate Buy with an average price target of $87.39.
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AMADY market cap is currently €30.66B and has a P/E ratio of 37.84.
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Amadeus IT Group SA engages in the provision of transaction processing solutions to the global travel and tourism industry. It operates through the Distribution and Information Technology Solutions segments. The Distribution segment offers global distribution system platform. The Information Technology Solutions segment includes portfolio of technology solutions that automate mission-critical processes for travel providers. The company was founded on October 21, 1987 and is headquartered in Madrid, Spain.
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