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Goldman Sachs

Start of Coverage: 20-12-2007

Resume of the last report made by this analyst

Higher profits in Portugal support our FY18 estimates, but weaker LFL in Poland means our FY18/19/20 EPS estimates are +1%/-3%/-3%. As a result our 12m target price falls to €13.50 (€14). While We remain Neutral rated.

Analyst: Rob Joyce

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.