BNP Paribas Exane analyst Rob Joyce has raised the stock rating for Jeronimo Martins (JRONY, Financial) from Underperform to Neutral. The adjustment comes with an increased price target of EUR 21.50, previously set at EUR 15.50. This change reflects the company's stronger-than-anticipated performance in the first quarter, which alleviated concerns about potential margin declines at its Biedronka stores anticipated in 2025. Investors were informed of these insights through a recent research update.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for Jeronimo Martins SGPS SA (JRONY, Financial) is $53.90 with a high estimate of $53.90 and a low estimate of $53.90. The average target implies an upside of 6.14% from the current price of $50.78. More detailed estimate data can be found on the Jeronimo Martins SGPS SA (JRONY) Forecast page.
Based on the consensus recommendation from 1 brokerage firms, Jeronimo Martins SGPS SA's (JRONY, Financial) average brokerage recommendation is currently 1.0, indicating "Buy" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Jeronimo Martins SGPS SA (JRONY, Financial) in one year is $61.39, suggesting a upside of 20.89% from the current price of $50.78. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Jeronimo Martins SGPS SA (JRONY) Summary page.
