Start of Coverage: 27-06-2019
We updated Jerónimo Martins valuation, changing the price target to €18.10YE25 Neutral recommendation, medium risk vs. €22.30YE24; Buy before.
In a nutshell, consolidated sales were reviewed slightly downwards; EBITDA Mg slightly downwards, Capital spending slightly upwards and WC slightly upwards (less negative).
Analyst: António Seladas
| Analyst | Price target | Recommendation | Date |
| António Seladas | 18.10 € | Neutral | 18 Sep 2024 |
| António Seladas | 22.30 € | Buy | 26 Apr 2024 |
| António Seladas | 22.30 € | Neutral | 12 Jan 2024 |
| António Seladas | 22.30 € | Buy | 26 Oct 2023 |
| António Seladas | 22.30 € | Neutral | 24 Oct 2023 |
| António Seladas | 19.50 € | Sell | 27 Jul 2023 |
| António Seladas | 19.50 € | Neutral | 9 Feb 2023 |
| António Seladas | 22.35 € | Neutral | 13 Jan 2023 |
| António Seladas | 21.55 € | Neutral | 29 Apr 2022 |
| António Seladas | 21.55 € | Buy | 10 Mar 2022 |
| António Seladas | 21.55 € | Neutral | 22 Feb 2022 |
| António Seladas | 18.25 € | Sell | 13 Jan 2022 |
| António Seladas | 18.25 € | Neutral | 28 Oct 2021 |
| António Seladas | 18.25 € | Buy | 29 Jul 2021 |
| António Seladas | 18.25 € | Neutral | 16 Jul 2021 |
| António Seladas | 15.30 € | Neutral | 29 Apr 2021 |
| António Seladas | 15.30 € | Buy | 4 Mar 2021 |
| António Seladas | 15.30 € | Neutral | 6 Jul 2020 |
| António Seladas | 14.25 € | Neutral | 14 May 2020 |
| António Seladas | 14.25 € | Sell | 21 Feb 2020 |
| António Seladas | 14.25 € | Neutral | 27 Jun 2019 |
The information presented refers to recommendations issued by analysts that follow the Jerónimo Martins’ share. For more information, please read the Analysts Coverage section in this website’s Terms and Conditions.