Philip Morris International Inc with ticker code (PM) now have 15 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 121 and 88 calculating the average target price we see 109.29. Given that the stocks previous close was at 101.38 this now indicates there is a potential upside of 7.8%. There is a 50 day moving average of 94.59 and the 200 moving average now moves to 97.32. The company has a market capitalisation of $159,186m. You can visit the company’s website by visiting: https://www.pmi.com
The potential market cap would be $171,606m based on the market concensus.
Philip Morris International Inc., through its subsidiaries, manufactures and sells cigarettes, other nicotine-containing products, smoke-free products, and related electronic devices and accessories. The company offers IQOS smoke-free products, including heated tobacco and nicotine-containing vapor products under the HEETS, HEETS Creations, HEETS Dimensions, HEETS Marlboro, HEETS FROM MARLBORO, Marlboro Dimensions, Marlboro HeatSticks, and Parliament HeatSticks brands, as well as under the Fiit and Miix licensed brands. 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. It markets and sells its products in the European Union, Eastern Europe, the Middle East, Africa, South and Southeast Asia, East Asia, Australia, Latin America, and Canada. Philip Morris International Inc. was incorporated in 1987 and is headquartered in New York, New York.
