Philip Morris International Inc with ticker code (PM) have now 18 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 130 and 90 and has a mean target at 110.24. Given that the stocks previous close was at 100.3 this would imply there is a potential upside of 9.9%. There is a 50 day moving average of 101.95 and the 200 day MA is 97.64. The company has a market capitalisation of $157,844m. You can visit the company’s website by visiting: https://www.pmi.com
The potential market cap would be $173,487m 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 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.