-+ 0.00%
-+ 0.00%
-+ 0.00%

AlphaValue/Baader Europe Stays Positive on Amadeus IT Group Amid Middle East Geopolitical Uncertainty

MT Newswires·08/11/2026 05:42:53
Listen to the news
05:42 AM EDT, 08/11/2026 (MT Newswires) -- AlphaValue/Baader Europe reiterated its positive stance on Amadeus IT Group (AMS.MC), saying the Spanish travel and tourism industry-focused software company's current share price still offers upside to its price target. "The target price is broadly unchanged, as our 2026 estimates already reflected a cautious view on air booking trends amid persistent geopolitical uncertainty in the Middle East. We continue to see support from solid pricing, Hospitality & Other Solutions growth and cost discipline," the research firm said Monday. "The share price is down 6% year-to-date, but has outperformed the IT Services sector (-9%)." The price target for the add-rated stock was changed to 69.5 euros from 68.9 euros.