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PKO BP Securities

Start of Coverage: 30-11-2015

Resume of the last report made by this analyst

Given the higher reported dynamics of LFL sales in 2016-1H17, we are upgrading our 2017 and 2018 growth forecasts. We are maintaining our Hold recommendation and upgrading our target price to EUR 16.5 per share.

Analyst: Adrian Skłodowski

e-mailadrian.sklodowski@pkobp.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.