JPMorgan cuts target for Jeronimo Martins stock to EUR 20.60

Published on 10/16/2026 at 15:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due October 28, 2026. Jeronimo Martins stock costs EUR 18.11 on October 16, 2026, up 1.57 percent versus Euronext's close.

Analyst target and market data

JPMorgan lowered its target from EUR 23.00 to EUR 20.60 on October 2, 2026.
Jeronimo Martins is scheduled to report results on October 28, 2026.
Jeronimo Martins stock costs EUR 18.11 at Lang & Schwarz on October 16, 2026 at 3:31 p.m. CEST, 1.57 percent above the Euronext close of October 15, 2026.
Market capitalization stood at EUR 11.4 billion on October 16, 2026.

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JPMorgan cut its Jeronimo Martins target from EUR 23.00 to EUR 20.60 on October 2, 2026, while retaining an Overweight rating, according to Markets Insider. The revised target is 13.75 percent above the EUR 18.11 Lang & Schwarz price. Jeronimo Martins stock was trading at EUR 18.11 at Lang & Schwarz on October 16, 2026 at 3:31 p.m. CEST, 1.57 percent above the Euronext close of October 15, 2026.

Sales growth supports the valuation

Jeronimo Martins reported sales of EUR 18.30 billion in the first half of 2026, up 5.10 percent from the same period a year earlier. Adjusted EBITDA reached EUR 1.20 billion, an increase of 7.60 percent, while the margin rose to 6.80 percent from 6.60 percent, according to Yahoo Finance. The figures give the analyst target a concrete earnings backdrop, although the target cut remains the most recent dated valuation signal.

Stock sits inside its yearly range

The current price is EUR 2.00 above the 52-week low of EUR 16.11 and EUR 4.57 below the 52-week high of EUR 22.68. That places the stock 20.15 percent below its high and 12.42 percent above its low. The quote's bid was EUR 18.10 and its ask was EUR 18.11 at the same time, while volume stood at 494,140 shares against an average of 1,405,601.

Valuation and next reporting date

Jeronimo Martins had a market capitalization of EUR 11.4 billion, a P/E ratio of 17.95 and a dividend yield of 0.04 percent as of October 16, 2026. The next reported earnings date is October 28, 2026, after the market close, according to MarketBeat.

Comparison with peers

Jeronimo Martins (Euronext Lisbon, EUR): plus 1.57 percent, P/E 17.95, market capitalization EUR 11.4 billion

Sonae (Euronext Lisbon, EUR): plus 0.71 percent, P/E 25.36, market capitalization EUR 4.1 billion

Carrefour (Euronext Paris, EUR): minus 0.21 percent, P/E 14.81, market capitalization EUR 11.8 billion

Price remains the daily anchor

The analyst target, scheduled results date and first-half operating figures give investors three separate reference points for the stock. The market is placing Jeronimo Martins between its yearly low and high while the next earnings release approaches.

Jeronimo Martins stock was trading at EUR 18.11 at Lang & Schwarz on October 16, 2026 at 3:31 p.m. CEST, 1.57 percent above the Euronext close of October 15, 2026 (EUR 17.83). The further course of trading is shown by the continuously updated real-time quote of Jeronimo Martins stock.