Start of Coverage: 05-05-2004
We cut our TP by c1% to €22.70/sh from €23.00/sh previously. Our valuation roll-over to Dec’25E only partially offsets the mid- and high-single-digit average cut to our latest medium-term EBITDA and EPS forecasts, respectively.
Analyst: Alejandro Conde
| Analyst | Price target | Recommendation | Date |
| Alejandro Conde | 22.70 € | Neutral | 4 Oct 2024 |
| Alejandro Conde | 23.00 € | Neutral | 8 Jul 2024 |
| Alejandro Conde | 22.70 € | Neutral | 23 Apr 2024 |
| Alejandro Conde | 25.50 € | Neutral | 1 Mar 2024 |
| Tim Attenborough | 17.50 € | Buy | 14 Feb 2020 |
| Tim Attenborough | 16.00 € | Buy | 10 Jan 2019 |
| Tim Attenborough | 16.75 € | Buy | 17 Jul 2018 |
| Tim Attenborough | 17.25 € | Buy | 10 Apr 2018 |
| Tim Attenborough | 17.90 € | Buy | 20 Oct 2017 |
| Tim Attenborough | 18.40 € | Buy | 24 Jul 2017 |
| Tim Attenborough | 16.80 € | Buy | 18 Oct 2016 |
| Tim Attenborough | 14.80 € | Buy | 22 Jul 2016 |
| Tim Attenborough | 14.60 € | Buy | 7 Jan 2016 |
| Tim Attenborough | 14.80 € | Buy | 31 Jul 2015 |
| Tim Attenborough | 14.50 € | Buy | 23 Jul 2015 |
| Tim Attenborough | 12.50 € | Hold | 21 Apr 2015 |
| Tim Attenborough | 10.00 € | Hold | 28 Oct 2014 |
| Tim Attenborough | 13.50 € | Hold | 31 Jul 2014 |
| Tim Attenborough | 15.50 € | Buy | 28 Apr 2014 |
| Tim Attenborough | 16.70 € | Buy | 1 Nov 2013 |
| Tim Attenborough | 17.10 € | Buy | 25 Oct 2013 |
| Tim Attenborough | 17.50 € | Buy | 9 Aug 2013 |
| Tim Attenborough | 18.30 € | Hold | 26 Apr 2013 |
| Tim Attenborough | 16.85 € | Buy | 12 Mar 2013 |
| Jaime Vázquez | 15.50 € | Buy | 29 Aug 2012 |
| Jaime Vázquez | 13.00 € | Hold | 25 Jul 2012 |
| Jaime Vázquez | 15.00 € | Buy | 26 Sep 2011 |
| Jaime Vázquez | 16.00 € | Buy | 27 Jul 2011 |
| Jaime Vázquez | 15.00 € | Buy | 8 Jul 2011 |
| Jaime Vázquez | 13.00 € | Buy | 4 May 2011 |
| Jaime Vázquez | 12.00 € | Buy | 11 Nov 2010 |
| Jaime Vázquez | 11.50 € | Buy | 28 Oct 2010 |
| Jaime Vázquez | 10.70 € | Buy | 15 Oct 2010 |
| Pedro Balcão Reis | 9.00 € | Buy | 15 Apr 2010 |
| Pedro Balcão Reis | 8.00 € | Buy | 12 Feb 2010 |
| Pedro Balcão Reis | 6.20 € | Hold | 13 Oct 2009 |
| Pedro Balcão Reis | 5.40 € | Hold | 15 Jul 2009 |
| Pedro Balcão Reis | 6.00 € | Buy | 3 Feb 2009 |
| Sónia Pimpão | 7.00 € | Buy | 7 Apr 2008 |
| Sónia Pimpão | 6.55 € | Buy | 12 Dec 2007 |
| Sónia Pimpão | 5.40 € | Buy | 26 Sep 2007 |
| Sónia Pimpão | 5.20 € | Buy | 24 Sep 2007 |
| Sónia Pimpão | 5.40 € | Buy | 31 Jul 2007 |
| Sónia Pimpão | 4.66 € | Buy | 22 Jan 2007 |
| Sónia Pimpão | 3.68 € | Buy | 29 Sep 2006 |
| Sónia Pimpão | 3.48 € | Buy | 7 Jun 2006 |
| Sónia Pimpão | 2.48 € | Buy | 17 May 2006 |
| Sónia Pimpão | 2.48 € | Underweight | 16 Sep 2005 |
| Sónia Pimpão | 1.80 € | Underweight | 15 Mar 2005 |
| Sónia Pimpão | 1.80 € | Buy | 2 Dec 2004 |
| Sónia Pimpão | 1.80 € | Underweight | 23 Jun 2004 |
| Manuel Preto | 1.80 € | Up | 5 May 2004 |
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.