Sanford C. Bernstein Upgrades Amadeus IT Group (OTCMKTS:AMADY) to “Strong-Buy”

Amadeus IT Group (OTCMKTS:AMADY) was upgraded by research analysts at Sanford C. Bernstein from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Monday,Zacks.com reports.

Separately, Hsbc Global Res upgraded Amadeus IT Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 9th.

Amadeus IT Group Stock Up 1.8 %

Shares of AMADY opened at $80.11 on Monday. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.54. Amadeus IT Group has a 12 month low of $59.28 and a 12 month high of $80.36. The firm’s 50 day moving average is $72.36 and its 200-day moving average is $71.40. The stock has a market capitalization of $36.09 billion, a PE ratio of 27.06, a P/E/G ratio of 2.24 and a beta of 1.27.

Amadeus IT Group Company Profile

Amadeus IT Group, SA, together with its subsidiaries, operates as a transaction processor for the travel and tourism industry worldwide. The company operates through three segments: Air Distribution, Air IT Solutions, and Hospitality & Other Solutions. The company acts as an international network providing real-time search, pricing, booking, and ticketing services, and other processing solutions through Amadeus GDS, Altéa PSS, and New Skies platforms.