Free Trial

Philip Morris International (PM) Stock Forecast & Price Target

$106.10
+1.03 (+0.98%)
(As of 07/16/2024 ET)

Philip Morris International - 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 9 Wall Street analysts who have issued ratings for Philip Morris International in the last 12 months, the stock has a consensus rating of "Hold." Out of the 9 analysts, 1 has given a sell rating, 3 have given a hold rating, and 5 have given a buy rating for PM.

Consensus Price Target

$104.22
-1.77% Downside
High Forecast$115.00
Average Forecast$104.22
Low Forecast$86.50

According to the 9 analysts' twelve-month price targets for Philip Morris International, the average price target is $104.22. The highest price target for PM is $115.00, while the lowest price target for PM is $86.50. The average price target represents a forecasted downside of -1.77% from the current price of $106.10.

TypeCurrent Forecast
7/18/23 to 7/17/24
1 Month Ago
6/18/23 to 6/17/24
3 Months Ago
4/19/23 to 4/18/24
1 Year Ago
7/18/22 to 7/18/23
Consensus Rating
Hold
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
5 Buy rating(s)
6 Buy rating(s)
6 Buy rating(s)
8 Buy rating(s)
Hold
3 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
1 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$104.22$105.50$105.40$111.40
Forecasted Upside-1.77% Downside12.73% Upside13.34% Upside14.07% Upside
Get Philip Morris International Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for PM and its competitors with MarketBeat's FREE daily newsletter.

PM 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.
Skip Chart & View Analyst Rating History

PM 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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Philip Morris International Stock vs. The Competition

TypePhilip Morris InternationalConsumer Staples CompaniesS&P 500
Consensus Rating Score
2.44
2.43
2.50
Consensus RatingHoldHoldModerate Buy
Predicted Upside-1.77% Downside744.24% Upside7.53% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/24/2024Stifel Nicolaus
5 of 5 stars
 Boost TargetBuy ➝ Buy$108.00 ➝ $115.00+17.76%
3/5/2024Argus
2 of 5 stars
 Reiterated RatingBuy ➝ Hold
2/13/2024Societe Generale
2 of 5 stars
 UpgradeSell ➝ Hold$87.50-2.78%
1/23/2024UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeBuy ➝ Sell$105.00 ➝ $86.50-6.41%
11/29/2023JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOverweight ➝ Overweight$110.00 ➝ $115.00+22.48%
11/16/2023Redburn Atlantic
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageNeutral$95.00+3.56%
10/13/2023Jefferies Financial Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetBuy ➝ Buy$111.00 ➝ $105.00+13.90%
10/2/2023Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetOverweight ➝ Overweight$118.00 ➝ $113.00+22.76%
9/29/2023Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower Target$118.00 ➝ $111.00+19.27%
9/21/2023Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetOverweight ➝ Overweight$115.00 ➝ $110.00+12.58%
6/27/202322nd Century Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingReiterates
6/20/2023Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeNeutral ➝ Buy$109.00 ➝ $117.00+23.30%
1/25/2023The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeNeutral ➝ Buy$95.00 ➝ $120.00+18.46%
10/27/2022Credit Suisse Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower Target$95.00+5.78%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 09:26 AM ET.

PM Forecast - Frequently Asked Questions

What is Philip Morris International's forecast for 2024?

According to the research reports of 9 Wall Street equities research analysts, the average twelve-month stock price forecast for Philip Morris International is $104.22, with a high forecast of $115.00 and a low forecast of $86.50.

Should I buy or sell Philip Morris International stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Philip Morris International in the last year. There is currently 1 sell rating, 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" PM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PM, but not buy additional shares or sell existing shares.

Does Philip Morris International's stock price have much upside?

According to analysts, Philip Morris International's stock has a predicted upside of 11.55% based on their 12-month stock forecasts.

What analysts cover Philip Morris International?

Philip Morris International has been rated by research analysts at Stifel Nicolaus in the past 90 days.

Do Wall Street analysts like Philip Morris International more than its competitors?

Analysts like Philip Morris International more than other "consumer staples" companies. The consensus rating score for Philip Morris International is 2.44 while the average consensus rating score for "consumer staples" companies is 2.43. Learn more on how PM compares to other companies.


This page (NYSE:PM) was last updated on 7/17/2024 by MarketBeat.com Staff

From Our Partners