Amadeus IT Group S.A (0P2W – Research Report), the Technology sector company, was revisited by a Wall Street analyst today. Analyst Charles Brennan from Jefferies reiterated a Buy rating on the stock and has a €80.00 price target.
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Charles Brennan has given his Buy rating due to a combination of factors influencing the Amadeus IT Group S.A. Despite some negative trends in the sector that could impact industry metrics and forecasts, the expected changes are minimal, with only a slight reduction in future financial projections. Brennan believes that these minor adjustments are already anticipated by investors, suggesting that the current downturn is not a major concern.
Instead of focusing on short-term challenges, Brennan encourages investors to consider the potential for industry recovery in the long term. This optimistic outlook, coupled with a reaffirmed price target of €80, supports the Buy rating. Brennan’s analysis suggests that the long-term prospects for Amadeus IT Group S.A. remain strong, making it an attractive investment opportunity.
Based on the recent corporate insider activity of 20 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of 0P2W in relation to earlier this year.