Fintel reports that on January 16, 2025, Morgan Stanley initiated coverage of Philip Morris International (SWX:PMI) with a Overweight recommendation.
Analyst Price Forecast Suggests 39.38% Upside
As of November 21, 2024, the average one-year price target for Philip Morris International is CHF 125,44/share. The forecasts range from a low of CHF 92,25 to a high of CHF 145,74. The average price target represents an increase of 39.38% from its latest reported closing price of CHF 90,00 / share.
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The projected annual revenue for Philip Morris International is 38,653MM, an increase of 3.85%. The projected annual non-GAAP EPS is 7.10.
What is the Fund Sentiment?
There are 3,438 funds or institutions reporting positions in Philip Morris International. This is an increase of 173 owner(s) or 5.30% in the last quarter. Average portfolio weight of all funds dedicated to PMI is 0.53%, an increase of 5.17%. Total shares owned by institutions increased in the last three months by 1.57% to 1,628,755K shares.
What are Other Shareholders Doing?
Capital World Investors holds 118,368K shares representing 7.61% ownership of the company. In its prior filing, the firm reported owning 115,575K shares , representing an increase of 2.36%. The firm increased its portfolio allocation in PMI by 16.66% over the last quarter.
Capital International Investors holds 97,503K shares representing 6.27% ownership of the company. In its prior filing, the firm reported owning 96,381K shares , representing an increase of 1.15%. The firm increased its portfolio allocation in PMI by 12.99% over the last quarter.
Capital Research Global Investors holds 56,340K shares representing 3.62% ownership of the company. In its prior filing, the firm reported owning 59,884K shares , representing a decrease of 6.29%. The firm increased its portfolio allocation in PMI by 6.77% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 49,268K shares representing 3.17% ownership of the company. In its prior filing, the firm reported owning 49,113K shares , representing an increase of 0.31%. The firm increased its portfolio allocation in PMI by 12.88% over the last quarter.
GQG Partners holds 42,654K shares representing 2.74% ownership of the company. In its prior filing, the firm reported owning 36,246K shares , representing an increase of 15.02%. The firm increased its portfolio allocation in PMI by 45.74% over the last quarter.
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