Jeronimo Martins stock: RBC keeps EUR 21.00 target for Jeronimo Martins stock

Published on 10/21/2026 at 15:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due October 28, 2026. Jeronimo Martins stock costs EUR 18.28 on October 21, 2026, 12.95 percent below its EUR 21.00 target.

Analyst target and results date

RBC Capital maintained a EUR 21.00 target on October 11, 2026.
Second-quarter 2026 revenue rose 4.00 percent to EUR 9.38 billion.
Jeronimo Martins stock costs EUR 18.28 at Lang & Schwarz on October 21, 2026 at 3:32 p.m. CEST, 12.95 percent below the EUR 21.00 target.

Pop-Art-Comic-Illustration einer belebten Supermarktszene mit Kunden und Einkaufswagen — Jerónimo Martins SGPS SA (PTJMT0AE0001) belebt den Einzelhandel, dargestellt in einer farbenfrohen Pop-Art-Comic-Szene, Illustration mit AI erstellt.

RBC Capital maintained its Buy rating and EUR 21.00 price target for Jeronimo Martins on October 11, 2026, according to Markets Insider. Jeronimo Martins stock was at EUR 18.28 at Lang & Schwarz on October 21, 2026 at 3:32 p.m. CEST, placing it 12.95 percent below that target.

Revenue growth meets margin pressure

The latest reported quarter points to a mixed operating picture. In the second quarter of 2026, revenue increased 4.00 percent year over year to EUR 9.38 billion, while net income was EUR 141.00 million and unchanged from the second quarter of 2025, according to Simply Wall St. Earnings per share declined to EUR 0.22 from EUR 0.23, while the profit margin fell to 1.50 percent from 1.60 percent.

Stock stays below its yearly high

The share price remains 19.44 percent below the 52-week high of EUR 22.68 and 13.46 percent above the 52-week low of EUR 16.11. The figures put the current quotation nearer the lower end of its annual range than its peak. The finance profile lists Jeronimo Martins in the Consumer Defensive sector and Grocery Stores industry, with 136,255 employees.

October 28 results date matters

Jeronimo Martins is scheduled to publish third-quarter 2026 results on October 28, 2026, according to Simply Wall St. The date gives investors the next measurable test for revenue growth and margin resilience. The company reported first-half 2026 results on July 29, 2026, according to its Jeronimo Martins investor-relations page.

Valuation leaves room for debate

The current valuation profile is defined by a market capitalization of EUR 11.5 billion and a trailing price-to-earnings ratio of 18.16. Simply Wall St lists a market capitalization of EUR 11.7 billion, a trailing price-to-earnings ratio of 18.20 and a dividend yield of 3.50 percent. The close grouping supports a consistent valuation picture, while the lower second-quarter margin keeps operating execution central to the October results.

Investor view for the next report

For investors, the key question is whether sales growth can translate into stronger profitability. The second-quarter revenue increase was positive, but the 1.50 percent margin and EUR 141.00 million net income show why the upcoming report matters more than the target alone.

Price and target distance

Jeronimo Martins stock was trading at EUR 18.28 at Lang & Schwarz on October 21, 2026 at 3:32 p.m. CEST. The quotation is 12.95 percent below RBC Capital's EUR 21.00 target dated October 11, 2026. The further course of trading is shown by the continuously updated real-time quote of Jeronimo Martins stock.