Altria Group (MO) Set to Announce Quarterly Earnings on Thursday
Altria Group (NYSE:MO) will announce its earnings results on Thursday, October 24th. Individual that are interested in participating in the company’s earnings conference call can do so using this link.
Altria Group (NYSE:MO) opened at 36.41 on Wednesday. Altria Group has a one year low of $30.01 and a one year high of $37.61. The stock has a 50-day moving average of $34.69 and a 200-day moving average of $35.34. The company has a market cap of $72.893 billion and a P/E ratio of 16.64.
MO has been the subject of a number of recent research reports. Analysts at TheStreet reiterated a “buy” rating on shares of Altria Group in a research note to investors on Friday, October 18th. Finally, analysts at JPMorgan Chase & Co. raised their price target on shares of Altria Group from $45.00 to $51.00 in a research note to investors on Thursday, October 3rd. They now have an “overweight” rating on the stock. Five investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $37.75.
Altria Group, Inc is a holding company. At December 31, 2012, Altria Group, Inc’s direct and indirect wholly owned subsidiaries included Philip Morris USA Inc (NYSE:MO), which is engaged in the manufacture and sale of cigarettes and certain smokeless products in the United States; John Middleton Co (Middleton), which is engaged in the manufacture and sale of machine-made cigars and pipe tobacco, and is a wholly owned subsidiary of PM USA; and UST LLC (UST), which through its direct and indirect wholly owned subsidiaries, including U.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.