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

Published on 10/23/2026 at 04:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

RBC set a EUR 21.00 target on October 11, 2026. Jeronimo Martins stock costs EUR 18.44 on October 23, 2026.

Retail figures and analyst signals

RBC Capital maintained its EUR 21.00 target in a report dated October 11, 2026.
Jeronimo Martins reported EUR 35.991 billion in sales for fiscal year 2025.
Jeronimo Martins stock was quoted at EUR 18.44 on October 23, 2026.

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Jeronimo Martins (ISIN PTJMT0AE0001) was quoted at EUR 18.44 on Euronext Lisbon on October 23, 2026. The latest analyst signal came from RBC Capital, which maintained a Buy rating and a EUR 21.00 price target in a report dated October 11, 2026, as Markets Insider reported.

Analyst targets stay above EUR 20

The RBC target stands above the quoted Lisbon price by EUR 2.56, giving the valuation discussion a concrete reference point. RBC's report also cited an EUR 21.30 target from Erste Group dated October 6, 2026, while the company carried a one-year high of EUR 22.68 and a one-year low of EUR 16.11, according to Markets Insider.

Valuation views are not uniform. Ideal Investor reported that Oddo BHF kept a Buy view while cutting its target from EUR 27.00 to EUR 26.00 on October 2, 2026.

What comes next for results

The company has a substantial operating base. Its investor-relations page lists fiscal-year 2025 sales of EUR 35.991 billion, EBITDA of EUR 2.480 billion and net income of EUR 646.0 million as of December 31, 2025, according to Jeronimo Martins. The figures provide the operating backdrop for the current analyst debate.

Three dated developments

On December 31, 2025, Jeronimo Martins had reported EUR 35.991 billion in fiscal-year sales through its investor materials. On October 2, 2026, Oddo BHF cut its target from EUR 27.00 to EUR 26.00 while keeping a Buy view, as Ideal Investor reported. On October 11, 2026, RBC Capital maintained its Buy rating and EUR 21.00 target, according to Markets Insider.

Results date is October 28

The next scheduled company event is the third-quarter results date of October 28, 2026, listed on the investor-relations page. That date gives investors the next formal checkpoint for sales, margins and the performance of the group's food-retail operations.

Market value and operating scale

Jeronimo Martins has a market capitalization of EUR 11.5 billion as of October 22, 2026. The group operates in consumer defensive retail, with grocery businesses in Portugal, Poland and Colombia. The current quote sits inside the EUR 15.90 to EUR 22.68 52-week range dated October 22, 2026.

On Euronext Lisbon, Jeronimo Martins was quoted at EUR 18.44 on October 23, 2026.