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Barclays Reaffirms Their Sell Rating on Altria Group (MO)

Tipranks - Tipranks - Tue Feb 24, 2:12AM CST

In a report released today, Pallav Mittal from Barclays maintained a Sell rating on Altria Group, with a price target of $63.00.

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Mittal covers the Basic Materials sector, focusing on stocks such as UPM Kymmene, Stora Enso Oyj, and Mondi plc. According to TipRanks, Mittal has an average return of -2.4% and a 44.00% success rate on recommended stocks.

Altria Group has an analyst consensus of Moderate Buy, with a price target consensus of $67.00.

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Based on Altria Group’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $5.85 billion and a net profit of $1.12 billion. In comparison, last year the company earned a revenue of $5.11 billion and had a net profit of $3.04 billion

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