What Analysts Are Recommending for Philip Morris and Altria

When analysts raise their target prices, stock prices tend to rise, and vice versa. Of the 17 analysts that follow Philip Morris, 58.8% are favoring a “buy,” and 41.2% are favoring a “hold.” None of the analysts are recommending a “sell.” In the next 12 months, analysts are expecting the stock to reach $120.07, which represents a return potential of 14.4%. Since the announcement of its 4Q17 earnings, Jefferies has cut its target price from $124 to $121, while Cowen and Company has reduced its target price from $133 to $120.