Do Analysts Expect Altria Group Inc (MO) Stock to Rise After It Has Risen 6.74% in a Month?

Monday, August 15, 2022 01:52 PM | InvestorsObserver Analysts

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InvestorsObserver is giving Altria Group Inc (MO) an Analyst Rating Rank of 19, meaning MO is ranked higher by analysts than 19% of stocks. The average price target for MO is $48.2 and analyst’s rate the stock as a Buy.

Wall Street analysts are rating MO a Buy today. Find out what this means to you and get the rest of the rankings on MO!
See Full MO Report

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Altria Group Inc Stock Today?

Altria Group Inc (MO) stock is down -0.07% while the S&P 500 has risen 0.22% as of 1:48 PM on Monday, Aug 15. MO is down -$0.03 from the previous closing price of $45.15 on volume of 3,345,069 shares. Over the past year the S&P 500 has fallen -4.24% while MO is down -6.76%. MO earned $0.97 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 46.42. Click Here to get the full Stock Report for Altria Group Inc stock.

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