Philip Morris International Inc with ticker code (PM) now have 14 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 129 and 92.7 with the average target price sitting at 110.26. Given that the stocks previous close was at 100.5 this now indicates there is a potential upside of 9.7%. There is a 50 day moving average of 98.68 and the 200 moving average now moves to 98.47. The company has a market cap of $156,794m. Company Website: https://www.pmi.com
The potential market cap would be $172,021m based on the market concensus.
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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.
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