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Philip Morris International Inc. (NYSE:PM) stock price target reduced to $116.00, issued a research note today by Jefferies & Co

In a report issued Thursday October 12, 2017 Jefferies & Co dropped the price target of Philip Morris International Inc. (NYSE:PM) from $120.00 to $116.00 stating a potential upside of 0.01%.

On 7/11/2017, Zacks Investment Research released a statement about Philip Morris International Inc. (NYSE:PM) upped the target price from $0.00 to $132.00 that suggested an upside of 0.12%.

Having a price of $114.68, Philip Morris International Inc. (NYSE:PM) traded 0.37% higher on the day. With the last stock price down -0.93% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.03% over the same period. PM has recorded a 50-day average of $114.66 and a two hundred day average of $115.77. Trade Volume was down over the average, with 643,329 shares of PM changing hands under the typical 3,868,270

Recent Performance Chart

Philip Morris International Inc. (NYSE:PM)

Philip Morris International Inc. has PE ratio of 25.41 with a one year low of $86.78 and a one year high of $123.55 and has a market capitalization of $0.

A total of 15 brokers have issued a research note on the company. Three equity analysts rating the company a strong buy, five firms rating the stock a buy, 8 firms rating the stock a hold, two analysts rating the company a underperform, and finally zero brokerages rating the stock a sell with a average stock price target of $99.95.

Brief Synopsis On Philip Morris International Inc. (NYSE:PM)

Philip Morris International Inc. is a holding company. The Company is engaged in the manufacture and sale of cigarettes, other tobacco products and other nicotine-containing products in markets outside of the United States. Its segments include European Union (EU); Eastern Europe, Middle East & Africa (EEMA); Asia, and Latin America & Canada. The Company's portfolio of international and local brands is led by Marlboro. Its mid-price brands are L&M, Lark, Merit, Muratti and Philip Morris. Its other international brands include Bond Street, Chesterfield, Next and Red & White. The Company also owns various local cigarette brands, such as Dji Sam Soe, Sampoerna and U Mild in Indonesia; Champion, Fortune and Jackpot in the Philippines; Apollo-Soyuz and Optima in Russia; Morven Gold in Pakistan; Boston in Colombia; Belmont, Canadian Classics and Number 7 in Canada; f6 in Germany; Delicados in Mexico; Assos in Greece, and Petra in the Czech Republic and Slovakia.

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