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Biuro maklerskie mBanku

Start of Coverage: 24-04-2015

Resume of the last report made by this analyst

Due to strong market position, lack of roll-out slowdown plans, attractive growth prospects (EBITDA increase by 9%/13% in 2023/24) and attractive valuation, JM is our top pick in the grocery retail sector. We raise our target price to EUR 24.5 with a reiterated buy recommendation.

Analyst: Janusz Pięta

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.