Jerónimo Martins, SGPS, S.A. (OTCMKTS:JRONY) Receives $20.05 Average Price Target from Analysts

Jerónimo Martins, SGPS, S.A. (OTCMKTS:JRONYGet Rating) has received a consensus rating of “Hold” from the seven ratings firms that are presently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and one has given a buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is $20.05.

A number of equities analysts recently commented on the stock. Morgan Stanley began coverage on shares of Jerónimo Martins, SGPS in a research note on Friday, November 18th. They issued an “equal weight” rating for the company. JPMorgan Chase & Co. reduced their price target on Jerónimo Martins, SGPS from €23.10 ($23.57) to €21.00 ($21.43) in a research report on Friday, October 28th.

Jerónimo Martins, SGPS Stock Up 0.4 %

Shares of OTCMKTS:JRONY opened at $43.58 on Friday. The company has a market capitalization of $13.71 billion, a price-to-earnings ratio of 27.41, a price-to-earnings-growth ratio of 1.47 and a beta of 0.78. Jerónimo Martins, SGPS has a 52 week low of $35.06 and a 52 week high of $50.01. The firm has a 50 day moving average of $40.74 and a 200 day moving average of $42.25.

Jerónimo Martins, SGPS Company Profile

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Jerónimo Martins, SGPS, SA operates in the food distribution and specialized retail sectors in Portugal, Poland, and Colombia. The company operates through Portugal Retail; Portugal Cash & Carry; Poland Retail; Colombia Retail; and Others, Eliminations and Adjustments segments. It operates 3,250 food stores under the Biedronka name; and a chain of 290 health and beauty stores under the Hebe banner in Poland, as well as 819 food stores under the Ara name in Colombia.

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Analyst Recommendations for Jerónimo Martins, SGPS (OTCMKTS:JRONY)

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