Discussion stirs around Altria Group, Inc. (NYSE:MO) this week; here is what analysts are saying.

Altria Group, Inc. (NYSE:MO) Logo
Investors sentiment decreased to 0.89 in Q2 2019. Its down 0.07, from 0.96 in 2019Q1. It dived, as 78 investors sold Altria Group, Inc. shares while 464 reduced holdings. 103 funds opened positions while 382 raised stakes. 1.15 billion shares or 2.46% less from 1.18 billion shares in 2019Q1 were reported.
Panagora Asset Management invested in 76,765 shares or 0.02% of the stock. Segall Bryant & Hamill Limited Company invested 0.02% in Altria Group, Inc. (NYSE:MO). Acg Wealth reported 29,744 shares. Meyer Handelman holds 97,482 shares. Wagner Bowman Management reported 0.31% in Altria Group, Inc. (NYSE:MO). Ferguson Wellman Cap Mgmt has invested 0.5% in Altria Group, Inc. (NYSE:MO). Oakbrook Investments Limited Liability Com stated it has 0.19% of its portfolio in Altria Group, Inc. (NYSE:MO). Winfield Assoc holds 0.15% in Altria Group, Inc. (NYSE:MO) or 5,961 shares. Oarsman Cap Incorporated reported 5,784 shares stake. New York-based Forte Cap Ltd Limited Liability Company Adv has invested 0.3% in Altria Group, Inc. (NYSE:MO). Nelson Van Denburg & Campbell Wealth Group Limited Liability Com holds 0.01% or 1,580 shares in its portfolio. Rnc Management Ltd Liability invested 2.2% in Altria Group, Inc. (NYSE:MO). Leavell Inv Mgmt Incorporated holds 39,168 shares or 0.2% of its portfolio. British Columbia Inv invested in 0.17% or 430,711 shares. Ibm Retirement Fund accumulated 32,054 shares or 0.29% of the stock.

Altria Group, Inc. (NYSE:MO) Ratings Coverage

Among 5 analysts covering Altria Group (NYSE:MO), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Altria Group has $68 highest and $4400 lowest target. $58.40’s average target is 39.01% above currents $42.01 stock price. Altria Group had 12 analyst reports since March 20, 2019 according to SRatingsIntel. As per Wednesday, August 7, the company rating was maintained by Morgan Stanley. The stock of Altria Group, Inc. (NYSE:MO) has “Equal-Weight” rating given on Friday, August 23 by Morgan Stanley. Piper Jaffray downgraded the shares of MO in report on Tuesday, September 10 to “Neutral” rating. Morgan Stanley maintained it with “Underweight” rating and $4800 target in Wednesday, July 31 report. The rating was maintained by Morgan Stanley on Monday, April 15 with “Underweight”. As per Thursday, March 21, the company rating was maintained by Wells Fargo. RBC Capital Markets maintained Altria Group, Inc. (NYSE:MO) on Tuesday, March 26 with “Buy” rating. As per Wednesday, March 20, the company rating was maintained by Bank of America. Below is a list of Altria Group, Inc. (NYSE:MO) latest ratings and price target changes.

10/09/2019 Broker: Piper Jaffray Old Rating: Overweight New Rating: Neutral Old Target: $64.0000 New Target: $49.0000 Downgrade
23/08/2019 Broker: Morgan Stanley Old Rating: Underweight New Rating: Equal-Weight New Target: $44.0000 Upgrade
07/08/2019 Broker: Morgan Stanley Rating: Underweight Old Target: $48.0000 New Target: $44.0000 Maintain
31/07/2019 Broker: Morgan Stanley Rating: Underweight Old Target: $49.0000 New Target: $48.0000 Maintain
12/07/2019 Broker: Inc. Rating: Goldman Sachs 59.0000
16/04/2019 Broker: BidaskScore Rating: Buy Upgrade
15/04/2019 Broker: Morgan Stanley Old Rating: Underweight New Rating: Underweight Old Target: $45 New Target: $49 Maintain
04/04/2019 Broker: BidaskScore Rating: Buy Downgrade
27/03/2019 Broker: BidaskScore Rating: Buy Upgrade
26/03/2019 Broker: RBC Capital Markets Rating: Buy New Target: $68 Maintain

The stock decreased 3.69% or $1.61 during the last trading session, reaching $42.01. About 20.74M shares traded or 121.26% up from the average. Altria Group, Inc. (NYSE:MO) has declined 19.47% since September 13, 2018 and is downtrending. It has underperformed by 19.47% the S&P500.

Altria Group, Inc., through its subsidiaries, makes and sells cigarettes, smokeless products, and wine in the United States. The company has market cap of $78.48 billion. It offers cigarettes primarily under the Marlboro brand; cigars principally under the Black & Mild brand; and moist smokeless tobacco products under the Copenhagen and Skoal, Red Seal, and Husky brands. It has a 12.54 P/E ratio. The firm also produces and sells varietal and blended table wines, and sparkling wines under the Chateau Ste.

More notable recent Altria Group, Inc. (NYSE:MO) news were published by: Seekingalpha.com which released: “Tobacco giants make progress on merger – Seeking Alpha” on September 11, 2019, also Streetinsider.com with their article: “MO/PM Transaction Could Be Impacted By FDA Removing Non-Tobacco Juul Flavors – Morgan Stanley – StreetInsider.com” published on September 12, 2019, Finance.Yahoo.com published: “Why Altria Stock Is Smoking Hot Today — and Philip Morris Isn’t – Yahoo Finance” on August 27, 2019. More interesting news about Altria Group, Inc. (NYSE:MO) were released by: Seekingalpha.com and their article: “More deaths linked to vaping, CDC warns – Seeking Alpha” published on September 08, 2019 as well as Finance.Yahoo.com‘s news article titled: “A Close Look At Altria Group, Inc.’s (NYSE:MO) 20% ROCE – Yahoo Finance” with publication date: July 28, 2019.

Altria Group, Inc. (NYSE:MO) Ratings Chart

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