Brokerage Firm Rating Update on Vector Group Ltd. (VGR)

Vector Group Ltd. (VGR) : Zacks Investment Research ranks Vector Group Ltd. (VGR) as 4, which is a Sell recommendation. 1 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. The average broker rating of 1 research analysts is 1, which indicates as a Strong Buy.


For this week, the average consensus of the company shares are rated as a Strong Buy.

Vector Group Ltd. (NYSE:VGR): The stock opened at $23.32 and touched an intraday high of $23.53 on Wednesday. During the day, the stock corrected to an intraday low of $23.26, however, the bulls stepped in and pushed the price higher to close in the green at $23.52 with a gain of 0.86% for the day. The total traded volume for the day was 672,590. The stock had closed at $23.32 in the previous trading session.

Vector Group Ltd. is a holding company engaged in the manufacture and sale of cigarettes in the United States through its Liggett Group LLC (Liggett) and Vector Tobacco Inc. (Vector Tobacco) subsidiaries; the sale of electronic cigarettes (e-cigarettes) in the United States, and the real estate business through its New Valley LLC subsidiary, which is seeking to acquire additional operating companies and real estate properties. The Companys business segments include Tobacco, E-Cigarettes and Real Estate. The Tobacco segment consists of the manufacture and sale of cigarettes. The E-Cigarettes segment includes the operations of the Companys e-cigarette business. The Real Estate segment includes the Companys investments in consolidated and non-consolidated real estate businesses.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.