For the amateurs of the stock market: an analysis of the shares of the company MO
Altria Group, Inc. (NYSE: MO) is an American company, one of the leaders in the world tobacco market. Enter the Fortune 1000 list for 2016. Headquarters is in New York.
Until 2003 it was called "Philip Morris Companies Inc". Until 2007, it controlled one of the world's largest food companies, Kraft Foods. On March 28, 2008, the division of Philip Morris International was separated by distributing 100% of the company's shares among the shareholders of Altria.
MO shares are undervalued. The main financial indicators, which reflect the competitiveness of the company - P / E, indicate that the company is very undervalued, given today's market conditions. After all, this indicator of the company is at 8.59, when P / E market average for the sector is 18.26. It says that the price of a share has much to grow
Conclusion:
- the global uptrend on the weekly chart;
- the company's shares are undervalued;
- strengthening of the US stock market
I forecast the growth of shares with the target of $ 71 per share
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Information presented in this material is the opinion of the author and is not an offer to a specific action.