Philip Morris International Inc. (NYSE:PM) traded at a new 12-month high today of $106.70. So far today approximately 794,000 shares have been exchanged, as compared to an average 30-day volume of 6 million shares.
In the past 52 weeks, shares of Philip Morris International Inc. have traded between a low of $83.98 and a high of $106.70 and are now at $106.47, which is 27% above that low price.
Philip Morris International Inc. is currently priced 11.3% above its average consensus analyst price target of $94.43.
Philip Morris International is a leading international tobacco company engaged in the manufacture and sale of cigarettes and other nicotine-containing products in markets outside the United States. Through multidisciplinary capabilities in product development, state-of-the-art facilities, and scientific substantiation, the company aims to ensure that its smoke-free products meet adult consumer preferences and rigorous regulatory requirements. Management’s vision is that these products ultimately replace cigarettes.
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