Jeronimo Martins SGPS SA – (NASDAQ:JRONY) has received an average broker rating score of 2.50 (Hold) from the two brokers that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a sell rating and one has issued a strong buy rating on the company.

Brokers have set a 1 year consensus target price of $27.80 for the company and are anticipating that the company will post $0.36 EPS for the current quarter, according to Zacks. Zacks has also assigned Jeronimo Martins SGPS SA – an industry rank of 167 out of 265 based on the ratings given to related companies.

Separately, Zacks Investment Research upgraded Jeronimo Martins SGPS SA – from a “hold” rating to a “buy” rating and set a $44.00 price objective for the company in a research report on Friday, July 7th.

Shares of Jeronimo Martins SGPS SA – (JRONY) traded up 2.11% during trading on Friday, hitting $40.16. The stock had a trading volume of 153 shares. Jeronimo Martins SGPS SA – has a one year low of $29.94 and a one year high of $41.34. The firm has a market cap of $12.62 billion and a P/E ratio of 18.14. The firm’s 50-day moving average is $39.75 and its 200-day moving average is $37.40.

TRADEMARK VIOLATION NOTICE: This article was first posted by American Banking News and is the property of of American Banking News. If you are reading this article on another publication, it was copied illegally and reposted in violation of US and international copyright laws. The original version of this article can be read at https://www.americanbankingnews.com/2017/09/08/brokerages-set-27-80-target-price-for-jeronimo-martins-sgps-sa-jrony.html.

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 the Biedronka brand name.

Get a free copy of the Zacks research report on Jeronimo Martins SGPS SA – (JRONY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Jeronimo Martins SGPS SA - Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jeronimo Martins SGPS SA - and related companies with MarketBeat.com's FREE daily email newsletter.