Amadeus IT Group S.A: Strong Market Position and Growth Potential Justify Buy Rating

Charles Brennan, an analyst from Jefferies, maintained the Buy rating on Amadeus IT Group S.A (0P2W – Research Report). The associated price target remains the same with €85.00.

Charles Brennan has given his Buy rating due to a combination of factors that highlight Amadeus IT Group S.A’s strong market position and growth potential. The company’s leadership, as discussed in a recent meeting with CEO Luis Maroto and Head of Travel Decius Valmorbida, is focused on long-term strategies that are expected to sustain its market dominance. This approach is seen as undervalued by the market, making Amadeus a preferred choice in its sector.
Amadeus’s confidence in its air distribution segment is another key factor. Despite the natural slowdown in volume growth post-COVID, the company is well-positioned to benefit from expected passenger growth in the coming years. Additionally, Amadeus’s extensive network of NDC agreements and ongoing efforts to onboard more airlines onto its platform demonstrate its commitment to expanding its reach and influence, further supporting the Buy rating.

According to TipRanks, Brennan is a 5-star analyst with an average return of 11.8% and a 63.85% success rate.

In another report released on March 4, Barclays also maintained a Buy rating on the stock with a €85.00 price target.