Zacks: Jeronimo Martins SGPS SA – (JRONY) Receives Consensus Recommendation of “Hold” from Brokerages
Shares of Jeronimo Martins SGPS SA – (NASDAQ:JRONY) have earned a consensus broker rating score of 2.50 (Hold) from the two brokers that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a sell rating and one has assigned a strong buy rating to the company.
Brokers have set a one year consensus price objective of $28.57 for the company, according to Zacks. Zacks has also assigned Jeronimo Martins SGPS SA – an industry rank of 231 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research cut Jeronimo Martins SGPS SA – from a “buy” rating to a “hold” rating in a report on Wednesday, June 29th.
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Jeronimo Martins SGPS SA – (NASDAQ:JRONY) remained flat at $34.96 during mid-day trading on Wednesday. Jeronimo Martins SGPS SA – has a 52-week low of $24.96 and a 52-week high of $35.07. The firm has a 50-day moving average price of $33.73 and a 200 day moving average price of $32.63. The stock has a market capitalization of $10.98 billion and a PE ratio of 27.70.
Jeronimo Martins SGPS SA – Company Profile
Jeronimo Martins SGPS SA is a Portugal-based company engaged in the food retail sector. The Company’s activities are divided into three business segments: Portugal Retail, which comprises operation of Pingo Doce supermarkets; Portugal Cash & Carry, which includes the wholesale business unit Recheio, and Poland Retail, which operates a network of supermarkets under Biedronka brand name.
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