Altria Group Inc (MO)

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Altria Group, Inc. (MO) Receives Consensus Rating of "Buy" from Brokerages
By: MarketBeat | April 22, 2021

Altria Group, Inc. (NYSE:MO) has received a consensus recommendation of "Buy" from the twelve ratings firms that are currently covering the firm, Marketbeat reports. Four equities research analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $50.30.

Several equities analysts have weighed in on the stock. Jefferies Financial Group upgraded shares of Altria Group from a "hold" rating to a "buy" rating and boosted their target price for the company from $40.00 to $58.00 in a report on Thursday, April 1st. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Altria Group from $52.00 to $54.00 and gave the stock a "buy" rating in a report on Friday, March 19th. Stifel Nicolaus restated a "buy" rating and issued a $56.00 price objective on shares of Altria Group in a report on Friday, April 16th. UBS Group cut shares of Altria Group from a "buy" rating to a "neutral" rating and set a $46.00 price target for the company. in a research note on Tuesday, March 16th. Finally, Sanford C. Bernstein started coverage on shares of Altria Group in a report on Tuesday, January 19th. They set an "outperform" rating and a $53.00 target price for the company.

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