Shares of Altria Group Inc (Symbol: MO) recently traded at $47.19, surpassing the average analyst 12-month target price of $47.10. This shift prompts potential reactions from analysts, who may either downgrade the stock based on valuation or raise their target prices based on positive company developments.
Within the Zacks coverage universe, there are 10 different analyst targets for Altria, ranging from a low of $36.00 to a high of $53.00, with a standard deviation of $5.896. Currently, there are three strong buy ratings, six hold ratings, and two strong sell ratings, with an average rating of 2.82 on a scale where 1 is strong buy and 5 is strong sell.
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