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Altria Group (NYSE:MO) has been given a “BBB” credit rating by Morningstar. The firm’s “BBB” rating indicates that the company is a moderate default risk. They also issued a neutral credit outlook for the company and gave their stock a two star rating.

A number of other firms have also recently commented on MO. Analysts at Zacks reiterated a “neutral” rating on shares of Altria Group in a research note on Thursday, August 28th. They now have a $45.00 price target on the stock. Analysts at Cowen and Company initiated coverage on shares of Altria Group in a research note on Thursday, July 10th. They set an “outperform” rating and a $91.00 price target on the stock. Four equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $48.88.

Shares of Altria Group (NYSE:MO) opened at 43.08 on Tuesday. Altria Group has a 1-year low of $33.72 and a 1-year high of $43.70. The stock has a 50-day moving average of $42.00 and a 200-day moving average of $39.82. The company has a market cap of $85.298 billion and a P/E ratio of 19.83.

Altria Group (NYSE:MO) last announced its earnings results on Tuesday, July 22nd. The company reported $0.65 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.66 by $0.01. The company had revenue of $6.26 billion for the quarter, compared to the consensus estimate of $4.60 billion. During the same quarter in the prior year, the company posted $0.62 earnings per share. The company’s quarterly revenue was up 1.6% on a year-over-year basis. Analysts expect that Altria Group will post $2.57 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Friday, October 10th. Shareholders of record on Monday, September 15th will be paid a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a dividend yield of 4.83%. The ex-dividend date is Thursday, September 11th. This is a positive change from Altria Group’s previous quarterly dividend of $0.48.

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.

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