Jeronimo Martins SGPS (OTCMKTS:JRONY) Upgraded to “Strong-Buy” at Kepler Capital Markets

Posted by George Bondi on Jul 9th, 2026

Kepler Capital Markets upgraded shares of Jeronimo Martins SGPS (OTCMKTS:JRONY – Free Report) from a hold rating to a strong-buy rating in a research note released on Wednesday morning,Zacks.com reports.

JRONY has been the topic of several other reports. Barclays reiterated an “overweight” rating on shares of Jeronimo Martins SGPS in a research report on Friday, July 3rd. Royal Bank Of Canada initiated coverage on Jeronimo Martins SGPS in a report on Monday. They issued a “moderate buy” rating for the company. Citigroup reaffirmed a “buy” rating on shares of Jeronimo Martins SGPS in a research note on Monday, June 15th. Finally, Zacks Research upgraded shares of Jeronimo Martins SGPS from a “strong sell” rating to a “hold” rating in a research report on Tuesday, June 9th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Buy”.

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Jeronimo Martins SGPS Stock Performance

Shares of JRONY opened at $36.86 on Wednesday. The firm has a market capitalization of $11.60 billion, a PE ratio of 15.62, a P/E/G ratio of 1.37 and a beta of 0.82. The company has a quick ratio of 0.37, a current ratio of 0.62 and a debt-to-equity ratio of 0.15. The firm has a 50-day moving average price of $41.79 and a 200 day moving average price of $46.32. Jeronimo Martins SGPS has a 52-week low of $36.67 and a 52-week high of $53.48.

Jeronimo Martins SGPS (OTCMKTS:JRONY – Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $0.44 earnings per share for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.04). Jeronimo Martins SGPS had a return on equity of 20.82% and a net margin of 1.75%.The company had revenue of $10.42 billion during the quarter, compared to analyst estimates of $10.40 billion. On average, sell-side analysts anticipate that Jeronimo Martins SGPS will post 2.78 earnings per share for the current fiscal year.

About Jeronimo Martins SGPS

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Jeronimo Martins SGPS is a Portugal-based corporate group engaged primarily in food distribution and retail. Through its flagship Pingo Doce banner in Portugal, the company operates a network of full-service supermarkets and convenience outlets offering fresh produce, grocery items, and private-label products. In addition, its cash-and-carry arm, Recheio, supplies wholesale and hospitality professionals with a broad range of food and non-food goods.

Beyond its home market, Jeronimo Martins has established a significant presence in Poland under the discount supermarket brand Biedronka.