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BofA

Start of Coverage: 04-08-2009

Resume of the last report made by this analyst

We reiterate our Buy rating on Jeronimo Martins. We raise our 2023-25E EPS estimates by 4-7% and our PO by 6% to €28.5 (from €27.0) post another strong quarter.

Analyst: Ilya Ogorodnikov

e-maililya.ogorodnikov@bofa.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.