Altria Group Inc (NYSE:MO) stock price target increased to $70.00, issued a ratings update today by Jefferies Group
- Updated: September 21, 2016
In a statement issued on 9/21/2016 Jefferies Group upped the target price of Altria Group Inc (NYSE:MO) to $70.00 reporting a possible upside of 0.11%.
Previously on 9/15/2016, CLSA reported on Altria Group Inc (NYSE:MO) lowered the target price from $69.00 to $68.00. At the time, this indicated a possible upside of 0.08%.
Yesterday Altria Group Inc (NYSE:MO) traded 0.00% even at $62.97. The company’s 50-day moving average is $65.74 and its 200-day moving average is $64.93. The last closing price is down -3.01% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 0 shares of MO traded, down from an avg. volume of 5,660,880
Recent Performance Chart
Altria Group Inc has 52 week low of $53.68 and a 52 week high of $70.15 with a PE ratio of 21.8600 and has a market capitalization of $0.
In addition to Jefferies Group reporting its stock price target, a total of 8 brokerages have issued a research note on the company. The average stock price target is $66.63 with 3 brokerages rating the stock a strong buy, 2 brokerages rating the stock a buy, 5 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On Altria Group Inc (NYSE:MO)
Altria Group, Inc. is a holding company. The Company's subsidiaries include Philip Morris USA Inc. (PM USA), which is engaged in the manufacture and sale of cigarettes in the United States; John Middleton Co. (Middleton), which is engaged in the manufacture and sale of machine-made large cigars and pipe tobacco, and UST LLC (UST), which through its subsidiaries, including U.S. Smokeless Tobacco Company LLC (USSTC) and Ste. Michelle Wine Estates Ltd. (Ste. Michelle), is engaged in the manufacture and sale of smokeless tobacco products and wine. Its segments include smokeable products, smokeless products and wine. The smokeable products segment uses over four manufacturing and processing facilities. The smokeless products segment uses over four smokeless tobacco manufacturing and processing facilities located in Franklin Park, Illinois; Hopkinsville, Kentucky; Nashville, Tennessee, and Richmond, Virginia. Its wine segment uses approximately 11 wine-making facilities.
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