Martins, FranciscoGuglielmi, Vitor Realdo2024-09-272024-09-272023-01-232022-12-16http://hdl.handle.net/10362/172513This 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.engEquity researchTarget priceFood retailingFinancial forecastmaster thesis203310918