Amadeus IT Group (OTCMKTS:AMADY) Upgraded to Strong-Buy at Sanford C. Bernstein

Amadeus IT Group (OTCMKTS:AMADY - Get Free Report) was upgraded by research analysts at Sanford C. Bernstein from a "hold" rating to a "strong-buy" rating in a research report issued to clients and investors on Monday, March 3rd,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 Performance

Shares of Amadeus IT Group stock traded down $1.69 on Monday, reaching $79.19. 55,230 shares of the company were exchanged, compared to its average volume of 52,527. Amadeus IT Group has a 1-year low of $59.28 and a 1-year high of $81.33. The firm has a market cap of $35.68 billion, a price-to-earnings ratio of 26.75, a P/E/G ratio of 2.24 and a beta of 1.27. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.85 and a current ratio of 0.85. The company's 50-day moving average is $72.71 and its two-hundred day moving average is $71.65.

About Amadeus IT Group

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.