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AS Independent Research

Start of Coverage: 27-06-2019

Resume of the last report made by this analyst

We initiated Jerónimo Martins with a Neutral recommendation, medium risk, target price €14.25YE20. The new accounting rule IFRS16 was taken in consideration, however because the Company is still providing operating figures before IFRS16, generally the text of the report mentions margins and capital spending before IFRS16.

Analyst: António Seladas

e-mail: research@asindependentresearch.com

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.