Altria Group Inc's Share Price Surpasses Analyst Target Price of $58.50

Friday, Jul 11, 2025 6:11 am ET1min read

Altria Group Inc (MO) shares have crossed above the average analyst 12-month target price of $58.50, changing hands for $58.55/share. The average is based on 10 analyst targets, ranging from $49.00 to $65.00. Analysts have maintained an average rating of 2.64, with 4 strong buy ratings, 8 hold ratings, 1 sell rating, and 1 strong sell rating.

Altria Group Inc. (MO) shares have recently crossed above the average analyst 12-month target price of $58.50, currently trading at $58.55 per share. The average target is based on 10 analyst forecasts, ranging from $49.00 to $65.00. Analysts have maintained an average rating of 2.64, with a majority holding a "hold" rating, along with a few "strong buy" and "sell" ratings [1].

The latest developments in Altria's stock include an upgrade by UBS from "Sell" to "Neutral," citing improved prospects due to a 40% decline in vape exports from China to the U.S. Additionally, the company has appointed Katie F. Patterson as the new Vice President and Controller, effective August 1, 2025 [1].

Altria has also seen a series of significant developments, including the FDA and CBP seizing nearly two million units of illegal e-cigarettes, valued at $34 million, aligning with the company's interest in combating unauthorized vape products [1]. Furthermore, the company has declared a quarterly dividend of $1.02 per share, scheduled for payment on July 10, 2025 [1].

Investors should closely monitor Altria's performance and the broader tobacco industry trends, as regulatory changes and consumer preferences continue to impact the sector [1]. The company's market-leading position in declining traditional oral tobacco products and growth in modern oral products may provide some resilience, but the risks associated with the U.S. combustibles business remain a key concern [1].

References:
[1] https://uk.investing.com/news/analyst-ratings/jefferies-initiates-altria-stock-with-underperform-rating-cites-combustibles-risk-93CH-4161710
[2] https://www.investing.com/equities/altria-group

Altria Group Inc's Share Price Surpasses Analyst Target Price of $58.50

Comments



Add a public comment...
No comments

No comments yet