Philip Morris International Inc with ticker code (PM) now have 14 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 129 and 92.7 with the average target price sitting at 110.69. Given that the stocks previous close was at 106.21 this now indicates there is a potential upside of 4.2%. There is a 50 day moving average of 101.19 while the 200 day moving average is 98.72. The company has a market cap of $164,324m. Company Website: https://www.pmi.com
The potential market cap would be $171,255m based on the market concensus.
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 HEETS, HEETS Creations, HEETS Dimensions, HEETS Marlboro, HEETS FROM MARLBORO, Marlboro Dimensions, Marlboro HeatSticks, Parliament HeatSticks, 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, Sampoerna A, and Sampoerna U in Indonesia; and Fortune and Jackpot in the Philippines. The company sells its smoke-free products in 71 markets. Philip Morris International Inc. was incorporated in 1987 and is headquartered in New York, New York.
