A report released today by Jefferies about Philip Morris International (NYSE:PM) bumps the target price to $96.00
- Updated: September 21, 2016
Philip Morris International (NYSE:PM) had its price target upped to $96.00 by Jefferies in a report announced 09/21/2016. The latest target price indicates a possible downside of -0.03% based on the company's most recent close.
On 9/20/2016, Zacks Investment Research released a statement on Philip Morris International (NYSE:PM) raised the target price from $0.00 to $111.00. At the time, this suggested an upside of 0.12%.
Showing a price of $99.21, Philip Morris International (NYSE:PM) traded 0.39% higher on the day. With the last close down -0.36% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the date range. The company has recorded a 50-day moving average of $99.74 and a 200-day moving average of $99.57. 2,757,143 shares of PM traded hands, down from an average volume of 4,428,520
Philip Morris International has one year low of $78.03 and a one year high of $104.20 with a PE ratio of 23.7300 and has a market capitalization of $0.
Also covering Philip Morris International's target, a total of 15 equity analysts have released a research note on PM. The one year target is $99.95 with 3 equity analysts rating the company a strong buy, five brokers rating the stock a buy, eight analysts rating the company a hold, 2 brokerages rating the stock a underperform, and finally zero equity analysts rating the company a sell.
General Information About Philip Morris International (NYSE:PM)
Philip Morris International Inc. is a holding company engaged in the manufacture and sale of cigarettes, other tobacco products and other nicotine-containing products in markets outside of the United States. The Company's products are sold in over 180 markets. Its segments include European Union; Eastern Europe, Middle East & Africa; Asia, and Latin America & Canada. The Company's premium price brands include Marlboro, Merit, Parliament and Virginia Slims; mid-price brands include L&M and Philip Morris, and other international brands include Bond Street, Chesterfield, Lark, Muratti, Next and Red & White. Its local cigarette brands consist of Dji Sam Soe, Sampoerna and U Mild in Indonesia; Champion, Fortune and Hope in the Philippines; Apollo-Soyuzand Optima in Russia; Morven Gold in Pakistan; Boston in Colombia, Belmont, Canadian Classics and Number 7 in Canada; Best in Serbia; f6 in Germany; Delicados in Mexico; Assos in Greece, and Petra in the Czech Republic and Slovakia.
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