Erste Group upgraded Jeronimo Martins stock to Buy at EUR 21.30 target

Published on 10/09/2026 at 11:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal 2025 sales reached EUR 35.99 billion and EBITDA EUR 2.48 billion. Jeronimo Martins stock costs EUR 17.36 on October 9, 2026 after EUR 17.27, plus 0.52%.

Key points in brief

Erste Group upgraded Jeronimo Martins to Buy and set a EUR 21.30 target on October 6, 2026.
The target lies 22.70 percent above the EUR 17.36 Lang & Schwarz price on October 9, 2026.
Fiscal 2025 sales reached EUR 35.99 billion and EBITDA EUR 2.48 billion.
The next reported results date is October 28, 2026, for the third quarter.

Isometrische 3D-Illustration der Lieferkette von Farm über Lager bis zum Supermarkt — Jerónimo Martins SGPS SA (PTJMT0AE0001) organisiert komplexe Lieferketten, dargestellt als isometrische 3D-Illustration, Illustration mit AI erstellt.

Jeronimo Martins stock was trading at EUR 17.36 at Lang & Schwarz on October 9, 2026 at 11:11 a.m. CEST, up 0.52 percent versus the prior close of EUR 17.27. According to Robinhood on October 6, 2026, Erste Group upgraded Jeronimo Martins from Accumulate to Buy and set a EUR 21.30 price target.

Target stands above the quote

The EUR 21.30 target lies 22.70 percent above the Lang & Schwarz price of EUR 17.36, using the same euro currency for both values. The upgrade therefore adds a quantified analyst reference to a stock trading below that target, while the daily move remains below the 1.00 percent threshold for a directional market signal.

Jeronimo Martins is listed on Euronext Lisbon under ticker JMT and ISIN PTJMT0AE0001, according to Global Banking and Finance. The group operates food retail and distribution businesses in Portugal, Poland and Colombia, with Biedronka, Pingo Doce and Ara among its retail brands.

Profitability sets the baseline

In fiscal 2025, Jeronimo Martins reported sales of EUR 35.99 billion and EBITDA of EUR 2.48 billion, according to Jeronimo Martins. Net income for the same period was EUR 646.00 million, giving investors a dated earnings base for assessing the analyst upgrade.

When are the next results due?

MarketScreener lists October 28, 2026, as the date for Jeronimo Martins' third-quarter earnings release, providing the next scheduled company-specific figure for the market to assess.

At Lang & Schwarz, Jeronimo Martins was trading at EUR 17.36 on October 9, 2026 at 11:11 a.m. CEST, plus 0.52 percent versus the EUR 17.27 prior close of October 8, 2026. The further course of trading is shown by the continuously updated real-time quote of Jeronimo Martins stock.