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Altria Group (MO) Stock Forecast & Price Target

Altria Group logo
$55.66 -0.20 (-0.36%)
(As of 12:21 PM 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

Sell
2
Hold
3
Buy
2

Based on 7 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 7 analysts, 2 have given a sell rating, 3 have given a hold rating, and 2 have given a buy rating for MO.

Consensus Price Target

$51.33
-7.77% Downside
According to the 7 analysts' twelve-month price targets for Altria Group, the average price target is $51.33. The highest price target for MO is $60.00, while the lowest price target for MO is $41.00. The average price target represents a forecasted downside of -7.77% from the current price of $55.66.

MO Analyst Ratings Over Time

TypeCurrent Forecast
11/21/23 to 11/20/24
1 Month Ago
10/22/23 to 10/21/24
3 Months Ago
8/23/23 to 8/22/24
1 Year Ago
11/21/22 to 11/21/23
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)
1 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
Hold
3 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
2 Hold rating(s)
Sell
2 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$51.33$48.20$47.08$47.53
Forecasted Upside-7.77% Downside-1.77% Downside-9.16% Downside16.62% Upside
Consensus Rating
Hold
Reduce
Hold
Hold

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
2.00
2.46
2.50
Consensus RatingHoldHoldModerate Buy
Predicted Upside-8.10% Downside41.50% Upside9.99% Upside
News Sentiment Rating
Positive News

See Recent MO News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/6/2024Barclays
3 of 5 stars
 Boost TargetUnderweight ➝ Underweight$45.00 ➝ $46.00-15.10%
11/1/2024Deutsche Bank Aktiengesellschaft
3 of 5 stars
 Boost TargetBuy ➝ Buy$52.00 ➝ $60.00+10.66%
11/1/2024Stifel Nicolaus
4 of 5 stars
 Boost TargetBuy ➝ Buy$54.00 ➝ $60.00+10.56%
10/15/2024Bank of America
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 Lower TargetNeutral ➝ Neutral$57.00 ➝ $53.00+6.21%
10/8/2024Citigroup
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 Boost TargetNeutral ➝ Neutral$44.50 ➝ $48.00-3.30%
9/9/2024UBS Group
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 Boost TargetSell ➝ Sell$39.00 ➝ $41.00-23.83%
5/31/2024Argus
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T. Conrad
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UpgradeHold
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%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 12:37 PM ET.


Should I Buy Altria Group Stock? MO Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, November 4, 2024. Please send any questions or comments about these Altria Group pros and cons to contact@marketbeat.com.

Altria Group
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Altria Group, Inc.:

  • Altria Group, Inc. has a market capitalization of $85.11 billion, indicating a strong presence and stability in the market.
  • The company's price-to-earnings ratio of 10.37 suggests that the stock may be undervalued compared to its earnings potential, making it an attractive investment opportunity.
  • Altria Group, Inc. has a beta of 0.65, indicating that the stock is less volatile compared to the overall market, providing a level of stability for investors.
  • With a 50-day moving average of $51.57 and a 200-day moving average of $47.40, the stock has shown consistent growth trends in the recent past.
  • Analysts expect Altria Group, Inc. to post 5.11 EPS for the current year, indicating potential growth and profitability for investors.

Altria Group
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Altria Group, Inc. for these reasons:

  • Altria Group, Inc. stock price has been down 0.6% recently, indicating potential short-term volatility and uncertainty in the market.
  • Despite recent downgrades and mixed ratings from analysts, the consensus rating for Altria Group, Inc. is "Hold," suggesting a lack of clear direction for investors.
  • The company reported a negative return on equity of 232.55%, indicating potential financial challenges and inefficiencies within the business.
  • Altria Group, Inc. missed the consensus earnings estimate in the last quarter, which may raise concerns about the company's ability to meet financial expectations.
  • While the stock has shown some growth potential, the price-to-earnings-growth ratio of 2.95 suggests that the stock may be overvalued relative to its growth prospects.

MO Forecast - Frequently Asked Questions

According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for Altria Group is $51.33, with a high forecast of $60.00 and a low forecast of $41.00.

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Altria Group in the last twelve months. There are currently 2 sell ratings, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities 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.

According to analysts, Altria Group's stock has a predicted downside of -7.77% based on their 12-month stock forecasts.

Altria Group has been rated by research analysts at Bank of America, Barclays, Citigroup, Deutsche Bank Aktiengesellschaft, Stifel Nicolaus, and UBS Group in the past 90 days.

Analysts like Altria Group less than other "consumer staples" companies. The consensus rating score for Altria Group is 2.00 while the average consensus rating score for "consumer staples" companies is 2.47. Learn more on how MO compares to other companies.


This page (NYSE:MO) was last updated on 11/20/2024 by MarketBeat.com Staff
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