Wells Fargo & Company Reiterates Outperform Rating for Philip Morris International Inc (PM)

Lloyd Doyle
October 11, 2017

Therefore 56% are positive. On average, equities research analysts expect that Philip Morris International will post $4.89 earnings per share for the current fiscal year. (NYSE:PM) on Friday, August 11 to "Hold" rating. The company now has a consensus rating of "Buy" and a consensus target price of $126.23. The rating was initiated by Jefferies with "Hold" on Wednesday, September 21. The firm earned "Buy" rating on Monday, August 24 by Vetr. The correct version of this report can be accessed at https://www.dispatchtribunal.com/2017/10/11/philip-morris-internationals-pm-outperform-rating-reaffirmed-at-wells-fargo-company.html. Jefferies maintained Encana Corp (USA) (NYSE:ECA) on Wednesday, July 19 with "Buy" rating. Societe Generale upgraded the stock to "Hold" rating in Thursday, April 21 report. (NYSE:PM) earned "Neutral" rating by Citigroup on Tuesday, September 13. Philip Morris now has $178.46B valuation. Chicago Equity Partners Llc sold 39,360 shares as the company's stock rose 10.69% with the market. (The) (NYSE:TWN) has risen 36.43% since October 11, 2016 and is uptrending. It has underperformed by 9.89% the S&P500.The move comes after 6 months negative chart setup for the $12.87B company. Shayne Limited Com has 10,099 shares. We have $163.96 PT which if reached, will make NYSE:WHR worth $900.90M less.

Among 19 analysts covering Philip Morris International (NYSE:PM), 11 have Buy rating, 0 Sell and 8 Hold. Therefore 29% are positive. Philip Morris International has a 12 month low of $86.78 and a 12 month high of $118.63. The rating was maintained by Goldman Sachs on Monday, October 3 with "Buy". As per Monday, October 26, the company rating was upgraded by Raymond James. Deutsche Bank maintained the stock with "Buy" rating in Monday, August 17 report. Wedbush maintained Planet Fitness Inc (NYSE:PLNT) on Friday, August 12 with "Outperform" rating. The firm has "Hold" rating by Berenberg given on Friday, November 18. The stock has "Outperform" rating by BNP Paribas on Tuesday, March 8. RBC Capital Markets has "Buy" rating and $209.0 target. (The) raised Philip Morris International from a "buy" rating to a "conviction-buy" rating and set a $135.00 price objective for the company in a report on Thursday, September 28th.

Shares of Philip Morris International (NYSE:PM) opened at 115.17 on Tuesday. PM's profit will be $2.14 billion for 20.86 P/E if the $1.38 EPS becomes a reality.

Philip Morris International (NYSE:PM) last released its quarterly earnings data on Thursday, April 20th. The Company's divisions include North America; Europe, Middle East and Africa; Latin America, and Asia. It has a 46.91 P/E ratio.

Investors sentiment decreased to 0.88 in 2017 Q2. Its down 0.26, from 1.14 in 2017Q1. It fall, as 53 investors sold PM shares while 558 reduced holdings. 73 funds opened positions while 165 raised stakes. Two Sigma Securities Lc reported 0.06% stake. The Illinois-based Rothschild Invest Il has invested 0.14% in Whirlpool Corporation (NYSE:WHR). Hendershot owns 4,790 shares for 0.25% of their portfolio. The Price to Sales (P/S) ratio of the stock is 6.53, while P/B (Price to Book) stands at 0. Lincoln Natl Corporation owns 7,475 shares. Halsey Assocs Inc Ct reported 25,552 shares. The Nebraska-based Ameritas Investment Prtnrs has invested 0.09% in Whirlpool Corporation (NYSE:WHR). Northern reported 0.03% of its portfolio in Coty Inc (NYSE:COTY). Mitsubishi UFJ Kokusai Asset Management Co. Chilton Ltd holds 111,321 shares.


Since May 9, 2017, it had 0 insider buys, and 2 selling transactions for $5.39 million activity. (NYSE:PM) for 3,265 shares. It indicates oversold and overbought price levels for a stock. (NYSE:PM)'s latest quote $115.17 $0.5 1.59% will find technical support in $114.31 a share and a breakdown below this region would be a significantly bearish signal for Philip Morris International Inc. traders. Coho Prtn Limited reported 1.35M shares stake. This is not a recommendation to buy or sell Philip Morris International Inc. Philip Morris International Inc.

Cedar Rock Capital Ltd decreased Philip Morris Intl Inc (PM) stake by 1.36% reported in 2017Q2 SEC filing. (NYSE:PM) for 5.52M shares. SBG Securities upgraded Philip Morris International Inc. (NYSE:PM) for 343,260 shares. BidaskClub lowered Philip Morris International from a "strong-buy" rating to a "buy" rating in a report on Tuesday, June 13th.

Several other equities research analysts have also issued reports on PM. Bridges Counsel Inc invested 2.1% of its portfolio in Philip Morris International Inc. (NYSE:PM). 70,915 were accumulated by Ing Groep Nv. Bp Public Limited Liability Co accumulated 190,000 shares. Blue Edge Cap Ltd Liability Co has invested 0% of its portfolio in Philip Morris International Inc. San Francisco Sentry Gp (Ca) stated it has 0.09% of its portfolio in Philip Morris International Inc.

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