Erste Group upgraded Jeronimo Martins stock to Buy at EUR 21.30
Published on 10/15/2026 at 10:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst and operating signals
- Erste Group set a EUR 21.30 target and Buy rating on October 6, 2026.
- Fiscal year 2025 sales reached EUR 35,991 million.
- Jeronimo Martins stock traded at EUR 17.60 at 10:34 a.m. CEST at Lang & Schwarz on October 15, 2026.
Jeronimo Martins stock (ISIN PTJMT0AE0001) was tied to a EUR 21.30 target after Erste Group upgraded it to Buy on October 6, 2026, according to Markets Insider. The fresh analyst view gives investors a concrete valuation marker while the Portuguese retailer continues to report substantial operating scale.
Erste Group resets the valuation marker
Erste Group analyst Piotr Bogusz moved the rating from Accumulate to Buy and set a EUR 21.30 price target, as reported on October 6, 2026. The target is 21.02 percent above the EUR 17.60 Lang & Schwarz quote on October 15, 2026, using the same currency for both values.
Three analyst steps since October
JPMorgan cut its target from EUR 23.00 to EUR 20.60 on October 2, 2026, according to Markets Insider. Barclays maintained a Buy rating with a EUR 20.00 target on October 2, 2026, according to Markets Insider. Erste Group then upgraded the stock to Buy with a EUR 21.30 target on October 6, 2026, according to Markets Insider.
What does the target reset mean?
The target spread is meaningful but not uniform across analysts: EUR 20.00, EUR 20.60 and EUR 21.30 form a EUR 1.30 range. The company investor page lists fiscal year 2025 sales of EUR 35,991 million, EBITDA of EUR 2,480 million and net income of EUR 646 million, all as of December 31, 2025, according to Jeronimo Martins.
Next reporting date
Jeronimo Martins is scheduled to publish third-quarter 2026 results on October 28, 2026, according to Zonebourse.
Jeronimo Martins quote at Lang & Schwarz
The stock traded at EUR 17.60 at Lang & Schwarz on October 15, 2026, at 10:34 a.m. CEST. The quote sits within the EUR 15.90 to EUR 22.68 52-week range, while the market capitalization was EUR 11.1 billion on October 15, 2026. Jeronimo Martins is listed as JMT.LS on Euronext Lisbon in the consumer staples sector.
The further course of trading is shown by the continuously updated real-time quote of Jeronimo Martins stock.
Jeronimo Martins stock facts
- Company: Jerónimo Martins, SGPS, S.A.
- ISIN: PTJMT0AE0001
- Ticker: JMT.LS
- Primary exchange: Euronext Lisbon
- Price Lang & Schwarz (as of October 15, 2026, 10:34 a.m. CEST): EUR 17.60
- Market capitalization: EUR 11.1 billion (as of October 15, 2026)
- 52-week range: EUR 15.90-EUR 22.68 (as of October 15, 2026)
- Sector / Industry: Consumer Staples
- Index membership: PSI 20
Market context: Market report PSI 20.
