Altria Group with ticker code (MO) now have 17 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 68 and 45 with a mean TP of 54.08. With the stocks previous close at 50.61 this indicates there is a potential upside of 6.9%. There is a 50 day moving average of 48.78 and the 200 moving average now moves to 47.93. The company has a market cap of $93,657m. Find out more information at: https://www.altria.com
The potential market cap would be $100,078m based on the market concensus.
Altria Group, through its subsidiaries, manufactures and sells cigarettes, oral tobacco products, and wine in the United States. It offers cigarettes primarily under the Marlboro brand; cigars principally under the Black & Mild brand; and moist smokeless tobacco products under the Copenhagen, Skoal, Red Seal, and Husky brands, as well as provides on! oral nicotine pouches. The company also produces and sells varietal and blended table wines, and sparkling wines under the Chateau Ste. Michelle and 14 Hands names; and imports and markets Antinori, Torres, and Villa Maria Estate wines, as well as Champagne Nicolas Feuillatte in the United States. In addition, it provides finance leasing services primarily in transportation, power generation, real estate, and manufacturing equipment industries. The company sells its tobacco products primarily to wholesalers, including distributors; and large retail organizations, such as chain stores. Altria Group was founded in 1822 and is headquartered in Richmond, Virginia.