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J.P. Morgan Reaffirms Their Buy Rating on Amadeus IT Group, S.A. (AMADY)

J.P. Morgan analyst Toby Ogg maintained a Buy rating on Amadeus IT Group, S.A. (AMADYResearch Report) today and set a price target of EUR61.00. The company’s shares closed last Friday at $51.41.

According to TipRanks, Ogg is a 2-star analyst with an average return of 0.2% and a 66.67% success rate.

Currently, the analyst consensus on Amadeus IT Group, S.A. is a Moderate Buy with an average price target of $61.90.

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AMADY market cap is currently $23.01B and has a P/E ratio of 40.74.

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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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