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Philip Morris’s 4Q17 Earnings: Important Takeaways

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Part 5
Philip Morris’s 4Q17 Earnings: Important Takeaways PART 5 OF 5

What Analysts Recommend for Philip Morris

Target price

As of February 8, Philip Morris International (PM) was trading at $100.39. On the same day, analysts were expecting the company’s stock price to reach $121.47 in the next 12 months, which represents a return potential of 21.0%.

What Analysts Recommend for Philip Morris

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The growth in heated tobacco products in the European Union, Asia, and EEMA regions—and investments by Philip Morris to expand the availability of the product—appears to have compelled analysts to forecast the company’s stock price to rise 21.0% in the next 12 months.

Analysts’ ratings

Of the 17 analysts who follow Philip Morris, 52.9% are favoring “buy” recommendations and 47.1% are favoring “hold” recommendations. None of the analysts are recommending a “sell” option. Philip Morris’s stock price moves in tandem with analysts’ ratings. When analysts raise the company’s target price, the stock price tends to rise, and vice versa. Currently, Philip Morris is trading lower than analysts’ 12-month target price.

The stock price and return potential for Philip Morris’s peers are as follows:

  • Altria Group (MO): Of the 15 analysts who follow Altria, 66.7% are favoring a “buy” while 33.3% are favoring a “hold.” Analysts are expecting the company’s stock price to reach $77.23 in the next 12 months, which represents a return potential of 20.6%.
  • British American Tobacco (BTI): The two analysts who follow British American Tobacco favor a “buy,” expecting the company’s stock price to reach $80 in the next 12 months, which represents a return potential of 28.8%.
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