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This report is part of a broader Equity Research on GPA
Group and aims to estimate the expected share price for the
company, as of 31st December 2023. The company is
composed by GPA Brazil and Grupo Éxito, being one of
the largest food retailers in Latin America, with more than
1,500 stores. It can be found in this report how the current
macroeconomic and food retail industry situation affect the
projections, and also the rationale behind the forecasted
values.
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Equity research Target price Food retailing Financial forecast
