Philip Morris International Inc – Consensus ‘Buy’ rating and 17.3% Upside Potential

Broker Ratings

Philip Morris International Inc with ticker code (PM) have now 17 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 130 and 90 and has a mean target at $113.41. Given that the stocks previous close was at $96.71 this would imply there is now a potential upside of 17.3%. The 50 day MA is $98.11 and the 200 day moving average is $96.60. The company has a market cap of $151,754m. You can visit the company’s website by visiting: https://www.pmi.com

The potential market cap would be $177,959m based on the market consensus.

Philip Morris International Inc. operates as a tobacco company working to delivers a smoke-free future and evolving portfolio for the long-term to include products outside of the tobacco and nicotine sector. The company’s product portfolio primarily consists of cigarettes and smoke-free products, including heat-not-burn, vapor, and oral nicotine products that are sold in markets outside the United States. The company offers its smoke-free products under the HBLENDS, EETS, HEETS Creations, HEETS Dimensions, HEETS Marlboro, HEETS FROM MARLBORO, Marlboro Dimensions, Marlboro HeatSticks, Parliament HeatSticks, SENTIA, and TEREA brands, as well as the KT&G-licensed brands, Fiit, and Miix. It also sells its products under the Marlboro, Parliament, Bond Street, Chesterfield, L&M, Lark, and Philip Morris brands. In addition, the company owns various cigarette brands, such as Dji Sam Soe and Sampoerna A in Indonesia; and Fortune and Jackpot in the Philippines. The company sells its smoke-free products in 73 markets. Philip Morris International Inc. was incorporated in 1987 and is headquartered in Stamford, Connecticut.

The company has a dividend yield of 5.2% with the ex dividend date set at 22-3-2023 (DMY).

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