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UBS Investment Bank

Start of Coverage: 14-05-2003

Resume of the last report made by this analyst

We downgrade Jeronimo Martins from Neutral to Sell and cut our price target from €15.5 to €12.0 as we see increased risk to margins in 2021 and the medium term.

Analyst: Michal Potyra

e-mailmichal.potyra@ubs.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.