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Start of Coverage: 14-09-2010

Resume of the last report made by this analyst

We now have a more optimistic view of JM’s growth prospects in Colombia, which is witnessing robust lfl momentum and accelerated inorganic expansion of discount format Ara.
Our DCF and NAV have reset upwards by 15% and 18%, respectively. As a result, our recommendation has improved by one notch to ‘Add’.

Analyst: Nishant Choudhary


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.