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Fidentiis

Start of Coverage: 03-11-2005

Resume of the last report made by this analyst

We roll over our valuation to 2021E. However, our reduced estimates and more conservative assumptions (due to uncertainties) lead us to cut our valuation from €17.5-€18.5/sh to €16.2-€17.2 per share, which offers 11%-18% upside potential.

Analyst: Patricia Cifuentes

e-mailpcg@fidentiis.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.