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Altria Group (MO) Stock Forecast & Price Target

$49.45
+0.12 (+0.24%)
(As of 07/19/2024 ET)

Altria Group - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 6 Wall Street analysts who have issued ratings for Altria Group in the last 12 months, the stock has a consensus rating of "Hold." Out of the 6 analysts, 1 has given a sell rating, 3 have given a hold rating, and 2 have given a buy rating for MO.

Consensus Price Target

$47.10
-4.75% Downside
High Forecast$56.00
Average Forecast$47.10
Low Forecast$36.50

According to the 6 analysts' twelve-month price targets for Altria Group, the average price target is $47.10. The highest price target for MO is $56.00, while the lowest price target for MO is $36.50. The average price target represents a forecasted downside of -4.75% from the current price of $49.45.

TypeCurrent Forecast
7/21/23 to 7/20/24
1 Month Ago
6/21/23 to 6/20/24
3 Months Ago
4/22/23 to 4/21/24
1 Year Ago
7/21/22 to 7/21/23
Consensus Rating
Hold
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
2 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
1 Buy rating(s)
Hold
3 Hold rating(s)
2 Hold rating(s)
1 Hold rating(s)
2 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$47.10$46.90$46.90$46.00
Forecasted Upside-4.75% Downside9.90% Upside9.90% Upside1.77% Upside
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MO Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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MO Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Altria Group Stock vs. The Competition

TypeAltria GroupConsumer Staples CompaniesS&P 500
Consensus Rating Score
2.17
2.43
2.51
Consensus RatingHoldHoldModerate Buy
Predicted Upside-4.75% Downside703.60% Upside10.01% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/10/2024Bank of America
4 of 5 stars
 Boost TargetNeutral ➝ Neutral$47.00 ➝ $48.00+2.70%
5/31/2024Argus
2 of 5 stars
T. Conrad
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UpgradeHold
4/8/2024UBS Group
4 of 5 stars
 Boost TargetSell ➝ Sell$36.10 ➝ $36.50-13.01%
3/25/2024Stifel Nicolaus
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 Reiterated RatingBuy ➝ Buy$50.00+15.69%
10/18/2023Citigroup
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 Lower TargetNeutral ➝ Neutral$46.50 ➝ $45.00+4.17%
10/13/2023Jefferies Financial Group
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 Boost TargetBuy ➝ Buy$55.00 ➝ $56.00+31.36%
1/23/2023Morgan Stanley
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 Boost TargetEqual Weight$43.00 ➝ $46.00+2.66%
11/1/2022Cowen
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 Boost Target$47.00+1.86%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 06:09 AM ET.

MO Forecast - Frequently Asked Questions

What is Altria Group's forecast for 2024?

According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for Altria Group is $47.10, with a high forecast of $56.00 and a low forecast of $36.50.

Should I buy or sell Altria Group stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Altria Group in the last twelve months. There is currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" MO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MO, but not buy additional shares or sell existing shares.

Does Altria Group's stock price have much upside?

According to analysts, Altria Group's stock has a predicted upside of 8.15% based on their 12-month stock forecasts.

Has Altria Group been upgraded by Wall Street analysts recently?

Over the previous 90 days, Altria Group's stock had 1 upgrade by analysts.

What analysts cover Altria Group?

Altria Group has been rated by research analysts at Argus, and Bank of America in the past 90 days.

Do Wall Street analysts like Altria Group more than its competitors?

Analysts like Altria Group less than other "consumer staples" companies. The consensus rating score for Altria Group is 2.17 while the average consensus rating score for "consumer staples" companies is 2.43. Learn more on how MO compares to other companies.


This page (NYSE:MO) was last updated on 7/20/2024 by MarketBeat.com Staff

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