RBC keeps Buy rating for Jeronimo Martins stock

Published on 10/14/2026 at 12:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

RBC sets a EUR 21.00 target on October 12, 2026. Jeronimo Martins stock costs EUR 17.45 on October 14, 2026, 0.29 percent above EUR 17.40.

Analyst and operating signals

RBC Capital maintained a Buy rating and a EUR 21.00 target on October 12, 2026.
First-half 2026 sales reached EUR 18.282 billion, up 5.10 percent year over year.
Jeronimo Martins stock trades at EUR 17.45 at 12:03 p.m. CEST at Lang & Schwarz on October 14, 2026, 0.29 percent above the Xetra close of October 13, 2026.
Third-quarter 2026 results are scheduled for October 28, 2026.

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Jeronimo Martins (ISIN PTJMT0AE0001) was trading at EUR 17.45 at Lang & Schwarz on October 14, 2026 at 12:03 p.m. CEST, 0.29 percent above the Xetra close of October 13, 2026 at EUR 17.40. Markets Insider reported on October 12, 2026 that RBC Capital maintained a Buy rating and a EUR 21.00 price target for Jeronimo Martins.

Three dated signals for the stock

On July 29, 2026, Jeronimo Martins published its first-half 2026 results through its investor relations page. H G W Consultants reported first-half sales of EUR 18.282 billion, up 5.10 percent from the prior-year period, while EBITDA reached EUR 1.235 billion, up 7.60 percent.

On October 6, 2026, Erste Group maintained a Buy rating with a EUR 21.30 target, according to Markets Insider. The October 12 RBC update therefore adds a second recent target near the EUR 21 level while the share price remains below both published targets.

What does the target imply?

RBC's EUR 21.00 target stands EUR 3.55 above the Lang & Schwarz price, but the currencies and venues are not mixed because both figures are in euros. The target is 20.34 percent above EUR 17.45, calculated against the Lang & Schwarz price at the stated time.

Next reported date

Jeronimo Martins is scheduled to publish third-quarter 2026 results on October 28, 2026, according to Jeronimo Martins. That date gives the recent analyst targets a defined earnings checkpoint, while the first-half figures show sales growth alongside stronger EBITDA growth.

Price holds near EUR 17

At 12:03 p.m. CEST on October 14, 2026, Jeronimo Martins was trading at EUR 17.45 at Lang & Schwarz, 0.29 percent above the Xetra close of October 13, 2026 at EUR 17.40. The finance quote showed a 52-week range of EUR 16.11 to EUR 22.68 and a market capitalization of EUR 11.0 billion as of October 14, 2026. The further course of trading is shown by the continuously updated real-time quote of Jeronimo Martins stock.