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Barclays Capital

Start of Coverage: 23-10-2009

Resume of the last report made by this analyst

Equal Weight rating maintained, price target raised to €15: We lift our EPS forecasts by an average 5% for FY21-23E, mainly because we now factor in a lower tax rate more in line with historical levels as performance and the geographic breakdown of revenues return to more normal patterns.

Analyst: Nicolas Champ

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.