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Ipopema

Start of Coverage: 02-07-2019

Resume of the last report made by this analyst

We decrease our FV from EUR 23.0 to EUR 18.9 per share due to changes in financial forecasts and our assumptions regarding the risk-free rate (up to 7% from 4%) and issue a HOLD recommendation.

Analyst: Adrian Górniak

e-mail: adrian.gorniak@ipopema.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.