Altria Group (MO) : 4 brokerage houses believe that Altria Group (MO) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 5 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Altria Group (MO). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 10 Wall Street Analysts endorse the stock as a Buy with a rating of 2.1.
Altria Group (MO) : 7 Wall Street analysts covering Altria Group (MO) believe that the average level the stock could reach for the short term is $69.29. The maximum price target given is $74 and the minimum target for short term is around $62, hence the standard deviation is calculated at $4.03.
For the current week, the company shares have a recommendation consensus of Buy. Also, UBS maintains their rating on the shares of Altria Group (NYSE:MO). The current rating of the shares is Neutral. Equity Analysts at the Firm raises the price target to $69 per share from $68 per share. The rating by the firm was issued on July 28, 2016.
Altria Group (NYSE:MO): The stock opened at $67.26 on Wednesday but the bulls could not build on the opening and the stock topped out at $67.30 for the day. The stock traded down to $66.06 during the day, due to lack of any buying support eventually closed down at $66.37 with a loss of -1.44% for the day. The stock had closed at $67.34 on the previous day. The total traded volume was 5,658,046 shares.
Altria Group, Inc. is a holding company. The Companys reportable segments include smokeable products, smokeless products and wine. As of December 31, 2014, Altria Group, Inc.s wholly owned subsidiaries included Philip Morris USA Inc. (PM USA), which is engaged in the manufacture and sale of cigarettes in the United States; John Middleton Co. (Middleton), which is engaged in the manufacture and sale of machine-made large cigars and pipe tobacco, and is a wholly owned subsidiary of PM USA, and UST LLC (UST), which through its wholly owned subsidiaries, including U.S. Smokeless Tobacco Company LLC (USSTC) and Ste. Michelle Wine Estates Ltd. (Ste. Michelle) is engaged in the manufacture and sale of smokeless products and wine.