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Morgan Stanley

Start of Coverage: 06-09-2010

Resume of the last report made by this analyst

We bring down our PT to €15.4 per share as a result of lower EBITDA, higher capex and tax forecasts.

Analyst: Maryia Berasneva

e-mail: Maryia.Berasneva@morganstanley.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.