RBC Kicks Off Jerónimo Martins Coverage at Outperform Amid Long-term Growth Opportunity
() -- RBC Capital Markets initiated its coverage of Jerónimo Martins SGPS (JMT.LS) with an outperform rating, viewing the valuation as "undemanding" for the long-term growth opportunity offered by the Portugal-based food distributor and retailer's largest business, Biedronka. "We think JMT's shares have been challenged