Altria Group (MO) : The consensus on Altria Group (MO) based on 10 analyst recommendation on the company stock is 2.1, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 4 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 5 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Altria Group (MO) : The most positive equity analysts on Altria Group (MO) expects the shares to touch $74, whereas, the least positive believes that the stock will trade at $62 in the short term. The company is covered by 7 Wall Street Brokerage Firms. The average price target for shares are $69.29 with an expected fluctuation of $4.03 from the mean.
For the current week, the company shares have a recommendation consensus of Buy. Also, Equity Analysts at the UBS maintains the rating on Altria Group (NYSE:MO). The brokerage firm has issued a Neutral rating on the shares. The Analysts at the ratings agency raises the price target from $68 per share to $69 per share. The rating by the firm was issued on July 28, 2016.
Altria Group (NYSE:MO): stock was range-bound between the intraday low of $66.5 and the intraday high of $67.31 after having opened at $67.12 on Wednesdays session. The stock finally closed in the red at $67.12, a loss of -0.71%. The stock remained in the red for the whole trading day. The total traded volume was 4,253,542 shares. The stock failed to cross $67.31 in Wednesdays trading. The stocks closing price on Thursday was $67.2.
Altria Group, Inc. is a holding company. The Companys reportable segments include smokeable products, smokeless products and wine. As of December 31, 2014, Altria Group, Inc.s wholly owned subsidiaries included 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 is a wholly owned subsidiary of PM USA, and UST LLC (UST), which through its wholly owned 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 products and wine.