Philip Morris International Inc (PM) Shares are Up 1.33%

Philip Morris International Inc (PM) : Traders are bullish on Philip Morris International Inc (PM) as it has outperformed the S&P 500 by a wide margin of 0.95% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.8%, relative to the S&P 500. The stock has risen by 1.33% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.09% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 1.34% and the 50-Day Moving Average is 1.39%.The 200 Day SMA reached 3.95% Philip Morris International, Inc. has dropped 0.88% during the last 3-month period . Year-to-Date the stock performance stands at 14.76%.


Philip Morris International Inc (PM) : The highest level Philip Morris International Inc (PM) is projected to reach is $115 for the short term and the lowest estimate is at $106. The consolidated price target from 6 rating analysts who initiate coverage on the stock is $110.5 and the possibility the share price can swing is $2.95.

For the current week, the company shares have a recommendation consensus of Buy. Philip Morris International Inc (NYSE:PM): stock was range-bound between the intraday low of $98.49 and the intraday high of $99.37 after having opened at $99.22 on Fridays session. The stock finally closed in the red at $99.22, a loss of -0.91%. The stock remained in the red for the whole trading day. The total traded volume was 5,852,325 shares. The stock failed to cross $99.37 in Fridays trading. The stocks closing price on Thursday was $99.75.

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 Companys products are sold in more than 180 markets, which include a range of international and local, premium, mid-price and low-price brands. Its premium price brands include Marlboro, Merit, Parliament and Virginia Slims; mid-price brands are L&M and Chesterfield, and international brands include Bond Street, Lark, Muratti, Next, Philip Morris and Red & White. Its local cigarette brands consist of Sampoerna, Dji Sam Soe and U Mild in Indonesia; Fortune, Champion and Hope in the Philippines; Diana in Italy; Optima and Apollo-Soyuz in Russia; Morven Gold in Pakistan; Boston in Colombia; Belmont, Canadian Classics and Number 7 in Canada; Best and Classic in Serbia; f6 in Germany; Delicados in Mexico; Assos in Greece, and Petra in the Czech Republic and Slovakia.

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