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Philip Morris (PM) [hlAlert]

Rating:
Hold PM
down 7.49 %

Philip Morris (PM) downgraded to Hold by Argus

Posted on: Monday,  Apr 13, 2015  8:25 AM ET by Argus

Argus rated Hold Philip Morris (NYSE: PM) on 04/13/2015. Previously Argus rated Buy Philip Morris (NYSE: PM) on 01/21/2014., when
the stock price was $83.88. Since then, Philip Morris has lost 7.50% as of 04/13/2015's recent price of $77.59.
If you would have followed the previous Argus's recommendation on PM, you would have lost 7.49% of your investment in 447 days.

Philip Morris International Inc. (PMI) is an international tobacco company. The Company is a holding company that, through its subsidiaries and affiliates and their licensees, is engaged in the manufacture and sale of cigarettes and other tobacco products in markets outside the United States. Its products are sold in over 160 countries. The Company divides its markets into four geographic regions: European Union; Eastern Europe, Middle East and Africa; Asia, and Latin America. PMI?s portfolio comprises international and local brands. In September 2009, Swedish Match AB sold its South African operation, Swedish Match South Africa (Proprietary) Limited (SMSA) to Philip Morris International Inc.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/13/2015 8:25 AM Hold
None
77.59
as of 8/27/2015
1 Week   
1 Month   
3 Months   
1 YTD down  -7.49 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/21/2014 3:25 PM Buy
None
83.88 95.00

(*) Stock Price at the time of the recommendation.
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