In a report released today, Michal Potyra from UBS maintained a Buy rating on Jeronimo Martins SGPS (0EXG – Research Report), with a price target of €21.00. The company’s shares closed yesterday at €16.68.
According to TipRanks, Potyra is ranked #8261 out of 9136 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Jeronimo Martins SGPS with a €19.86 average price target, implying a 19.04% upside from current levels. In a report released today, Barclays also maintained a Buy rating on the stock with a €22.00 price target.
The company has a one-year high of €24.00 and a one-year low of €15.02. Currently, Jeronimo Martins SGPS has an average volume of 108.7K.
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Jeronimo Martins SGPS (0EXG) Company Description:
Jeronimo Martins SGPS SA operates in food distribution, agribusiness, and other businesses. The food distribution business is the group’s main activity, which consists of retail and wholesale operations under the brands Pingo Doce and Recheio in Portugal, Poland, and Colombia. The company also manages distribution centers to supply its stores. For the agribusiness, Jeronimo Martins provides dairy products from the dairy factory in Portalegre, beef from the Angus Beef Cattle Fattening Unit, and aquaculture products from Madeira. Other businesses include a chain of drugstores in Poland.
