In a report released yesterday, Gaurav Jain from Barclays maintained a Sell rating on Altria Group (MO – Research Report), with a price target of $37.00. The company’s shares closed yesterday at $40.21.
According to TipRanks, Jain is ranked #1483 out of 8626 analysts.
Altria Group has an analyst consensus of Hold, with a price target consensus of $42.22, a 5.00% upside from current levels. In a report released on January 23, UBS also maintained a Sell rating on the stock with a $36.09 price target.
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MO market cap is currently $70.62B and has a P/E ratio of 8.14.
Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of MO in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Altria Group (MO) Company Description:
Virginia-based Altria Group, Inc. is a tobacco company, which manufactures and sells cigarettes, smokeless products, and wine in the United States. Its most popular cigarette brand is Marlboro. It sells cigars principally under the Black & Mild brand, and moist smokeless tobacco products under the Copenhagen, Skoal, Red Seal, and Husky brands. The company also produces and sells varietal and blended table wines, and sparkling wines under the Chateau Ste. Michelle and 14 Hands labels. It also owns wineries in or distributes wines from several other wine regions.
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