Start of Coverage: 30-11-2015
We are upgrading our recommendation to BUY and raising our target price to EUR 32.5 per share (prev. EUR 22.4). The healthy FCF yield, the strong BS, the positive FX impact and the LT growth story all translate into an attractive risk/reward profile considering the current market price.
Analyst: Adrian Skłodowski
e-mail: adrian.sklodowski@pkobp.pl
| Analyst | Price target | Recommendation | Date |
| Adrian Skłodowski | 32.50 € | Buy | 20 Jul 2023 |
| Adrian Skłodowski | 22.40 € | Hold | 13 Jan 2023 |
| Adrian Skłodowski | 20.90 € | Hold | 24 Jan 2022 |
| Adrian Skłodowski | 20.90 € | Buy | 13 Jul 2021 |
| Adrian Skłodowski | 15.50 € | Hold | 22 May 2020 |
| Adrian Skłodowski | 16.00 € | Buy | 11 Apr 2019 |
| Adrian Skłodowski | 12.20 € | Hold | 18 Oct 2018 |
| Adrian Skłodowski | 16.50 € | Hold | 20 Oct 2017 |
| Adrian Skłodowski | 15.00 € | Hold | 30 Nov 2016 |
| Włodzimierz Giller | 16.20 € | Buy | 30 Nov 2015 |
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.