On July 9, 2025, Jefferies initiated coverage on Philip Morris International (PM, Financial) with a "Buy" rating. This announcement marks a significant move as the stock gains attention from the investment community. The coverage was led by analyst Edward Mundy.
Jefferies has set a price target of $220.00 USD for Philip Morris International (PM, Financial), highlighting the potential upside for investors. This price target is a noteworthy indication of the firm's expectations for future performance, although no prior target was available for comparison.
The "Buy" rating and price target reflect confidence in Philip Morris (PM, Financial) as a valuable investment opportunity on the stock market. Investors and stakeholders are advised to consider this initiation as part of their investment strategies.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 14 analysts, the average target price for Philip Morris International Inc (PM, Financial) is $180.25 with a high estimate of $220.00 and a low estimate of $143.45. The average target implies an upside of 1.42% from the current price of $177.72. More detailed estimate data can be found on the Philip Morris International Inc (PM) Forecast page.
Based on the consensus recommendation from 17 brokerage firms, Philip Morris International Inc's (PM, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Philip Morris International Inc (PM, Financial) in one year is $130.99, suggesting a downside of 26.29% from the current price of $177.72. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Philip Morris International Inc (PM) Summary page.