Philip Morris International Inc which can be found using ticker (PM) now have 18 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 130 and 90 with the average target price sitting at $112.44. Given that the stocks previous close was at $97.37 this would imply there is now a potential upside of 15.5%. The day 50 moving average is $101.05 and the 200 day moving average is $97.30. The market capitalization for the company is $150,915m. Visit the company website at: https://www.pmi.com
The potential market cap would be $174,272m 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 5.22% with the ex dividend date set at 22-3-2023 (DMY).
Other points of data to note are a P/E ratio of 16.76, revenue per share of 20.49 and a 15.05% return on assets.
