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Jeronimo Martins SGPS SA (ELI:JMT) was upgraded by analysts at HSBC to an “overweight” rating in a research report issued to clients and investors on Monday, Analyst Ratings Net reports.

Jeronimo Martins SGPS SA (ELI:JMT) remained flat at €14.00 during during mid-day trading trading on Monday. The stock had a trading volume of 1,158,342 shares. Jeronimo Martins SGPS SA has a one year low of €13.42 and a one year high of €18.56. The stock has a 50-day moving average of €14.34 and a 200-day moving average of €14.89.

Jeronimo Martins SGPS SA is a Portugal-based company principally engaged in the food retail sector. The Company’s business is structured in three segments: Distribution, Manufacturing and Services.

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