Philip Morris International (PM) Getting Somewhat Favorable Press Coverage, Study Shows
Press coverage about Philip Morris International (NYSE:PM) has trended somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Philip Morris International earned a media sentiment score of 0.02 on Accern’s scale. Accern also assigned news stories about the company an impact score of 45.890741604015 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Philip Morris Earnings Growth Is Accelerating (seekingalpha.com)
- ETFs in Focus After Phillip Morris's Downbeat Q4 Results (finance.yahoo.com)
- Philip Morris International (PM) Given New $113.00 Price Target at Bank of America (americanbankingnews.com)
- Tobacco firms in France cheated nicotine tests: anti-smoking body (finance.yahoo.com)
- Why Philip Morris’s Stock Price Rose after 4Q17 Earnings (finance.yahoo.com)
Shares of Philip Morris International (NYSE PM) traded up $2.58 during trading on Monday, reaching $102.40. The company had a trading volume of 6,470,000 shares, compared to its average volume of 5,620,000. Philip Morris International has a 52-week low of $96.66 and a 52-week high of $123.55. The firm has a market capitalization of $159,050.00, a PE ratio of 26.46, a P/E/G ratio of 1.99 and a beta of 0.85. The company has a quick ratio of 0.68, a current ratio of 1.35 and a debt-to-equity ratio of -3.06.
Several equities research analysts have recently issued reports on the company. Piper Jaffray Companies set a $135.00 price objective on Philip Morris International and gave the stock a “buy” rating in a report on Sunday, October 15th. Jefferies Group reiterated a “hold” rating and issued a $114.00 target price on shares of Philip Morris International in a report on Friday, October 20th. Zacks Investment Research cut Philip Morris International from a “hold” rating to a “sell” rating in a report on Tuesday, October 24th. Morgan Stanley lifted their target price on Philip Morris International from $120.00 to $123.00 and gave the company an “overweight” rating in a report on Tuesday, January 30th. Finally, Bank of America reduced their target price on Philip Morris International from $124.00 to $121.00 and set a “neutral” rating on the stock in a report on Friday, October 20th. Six investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $123.79.
ILLEGAL ACTIVITY WARNING: This news story was published by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are accessing this news story on another domain, it was stolen and reposted in violation of United States & international trademark and copyright law. The original version of this news story can be viewed at https://theolympiareport.com/2018/02/12/philip-morris-international-pm-getting-somewhat-favorable-press-coverage-study-shows.html.
About Philip Morris International
Philip Morris International Inc is a holding company. The Company is engaged in the manufacture and sale of cigarettes, other tobacco products and other nicotine-containing products in markets outside of the United States. Its segments include European Union (EU); Eastern Europe, Middle East & Africa (EEMA); Asia, and Latin America & Canada.
Receive News & Ratings for Philip Morris International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Philip Morris International and related companies with MarketBeat.com's FREE daily email newsletter.