Amadeus IT Group SA
AMS: XMAD (ESP)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
€67.00 | Vnvdkn | Trjqszw |
Amadeus: Investor Day Outlines Competitive Moat and Achievable Financial Targets
During its June 18 investor day, Amadeus laid out the case for its network effect—the primary source of its narrow economic moat—to endure over the next decade and gave 2023-26 sales and EBIT targets. Our fair value estimate is EUR 66 per share.