Amadeus IT Group (OTCMKTS:AMADY) Stock Rating Upgraded by Sanford C. Bernstein

Sanford C. Bernstein upgraded shares of Amadeus IT Group (OTCMKTS:AMADY) from a hold rating to a strong-buy rating in a research report report published on Monday morning,Zacks.com reports.

Separately, Hsbc Global Res raised shares of Amadeus IT Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th.

Amadeus IT Group Trading Up 1.8 %

OTCMKTS: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. The stock has a market capitalization of $36.09 billion, a PE ratio of 27.06, a price-to-earnings-growth ratio of 2.24 and a beta of 1.27. The firm’s 50 day moving average is $72.36 and its 200 day moving average is $71.40. Amadeus IT Group has a 12 month low of $59.28 and a 12 month high of $80.36.

Amadeus IT Group Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, February 3rd. Investors of record on Thursday, January 16th were given a $0.3706 dividend. The ex-dividend date of this dividend was Thursday, January 16th. Amadeus IT Group’s dividend payout ratio (DPR) is presently 23.70%.

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.