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Dom Maklerski mBanku

Start of Coverage: 24-04-2015

Resume of the last report made by this analyst

We slightly adjust our estimates and raise the target price to EUR 14.3 per share mainly due to the increase in expected sales per sqm. on the Polish market. Considering the increase in the JMT share price since the last monthly report, we are downgrading the rating from Accumulate to Hold.

Analyst: Piotr Bogusz

e-mailpiotr.bogusz@mdm.pl

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.