Amadeus IT Group SA
AMS: XMAD (ESP)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| py | LOCK|%&#! | LOCK|Nrm^@c |
Amadeus: We Have Reduced Our Uncertainty Rating as Corporate Travel Demand Continues Its Recovery
We have decreased our Uncertainty Rating for narrow-moat Amadeus to Medium from High, consistent with our quantitative methodology and a gradual improvement in corporate travel demand that we expect to continue for the foreseeable future. Our fair value estimate is EUR 67, leaving shares appropriately valued.
