Bernstein resumed coverage of Amadeus IT Group with an Outperform rating and EUR 74 price target. The company “has a lot to recommend it fundamentally,” including high margins, high conversion, and a deep and wide competitive moat in its core business, the analyst tells investors in a research note.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AMADY:
- Fiserv buying Shift4 at $95 per share could make sense, says Mizuho
- Amadeus IT Group price target lowered to EUR 67 from EUR 75 at JPMorgan
- Shift4 Payments price target raised to $95 from $85 at BofA
- Shift4 takeout price could be $130-$138 per share, says DA Davidson
- Fiserv, Amadeus main contenders to acquire Shift4 Payments, Reuters says
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue