
The stock symbol for Marlboro cigarettes is PM, which represents Philip Morris International Inc.
Investing in PM can be a solid choice for those interested in tobacco stocks.
Philip Morris International Inc. is a multinational tobacco company with a significant presence in the global market.
The company's brand portfolio includes Marlboro, among others, and is widely recognized as a leading player in the industry.
Investing in Philip Morris International
You can purchase Philip Morris International, Inc. shares in India by opening an international trading account with Angel One, which takes a few minutes to a few hours to activate. This allows you to start buying shares of PM by making deposits in US dollars.
You can also invest in mutual funds and Exchange Traded Funds (ETFs) that offer exposure in global stocks, providing an indirect way to invest in Philip Morris International, Inc.
Here are some tobacco stocks with high dividend yields:
Trading International
Philip Morris International has received analyst recommendations that are worth considering. Citigroup has adjusted its price target to $147 from $132.
Analysts' predictions can be a good indicator of a company's potential. First Shanghai has initiated coverage of Philip Morris International with a buy rating and a $150 price target. This suggests that they believe the company has strong growth potential.
If you're considering investing in Philip Morris International, it's essential to keep an eye on analyst recommendations. Morgan Stanley has initiated coverage with an overweight rating and a $140 price target.
Here's a summary of the analyst recommendations mentioned:
It's essential to keep in mind that analyst recommendations are not a guarantee of a company's future performance.
High Yields
When investing in tobacco stocks, you'll find that many offer attractive dividend yields. Altria Group (MO) is a great example, with a typical yield between 4% and 5%.
Philip Morris (PM) has been a consistent payer of dividends since 2008, and its yield is usually around 4-5%. Reynolds American (RAI) is another company that's been increasing its dividend since 2010, with a similar yield range.
Lorillard Inc. (LO) was acquired by Reynolds American in 2014, but its dividend yield is still around 4%. British American Tobacco (BTI) is a foreign stock option that's gained market share, with a yield typically between 4-5%.
Latest News and Updates
Philip Morris International Inc (PM) has reported its earnings calls for several periods.
The company's Q3 2021 earnings call transcript is available for the period ending September 30, 2021.
Philip Morris International Inc (PM) has also released its Q1 2021 earnings call transcript for the period ending March 31, 2021.
Latest News:
Philip Morris International has been making headlines recently. Citigroup has adjusted its price target on the company to $147 from $132.
Beaconsmind's Swissnet has landed an IoT SIM cards deal with Philip Morris, marking a significant partnership in the industry.
The consumer sector has been experiencing mixed trading in the late afternoon, with stocks fluctuating in value.
Philip Morris International has received a boost from a recent FDA authorization, allowing the marketing of ZYN nicotine pouch products.
Here are some key updates on Philip Morris International:
Q3 2021 Earnings Call
Philip Morris International, Inc. had a notable Q3 2021 earnings call. The call was for the period ending September 30, 2021.

During the call, there were key updates and announcements. The FDA authorized the marketing of ZYN nicotine pouch products on January 16, which led to Philip Morris shares advancing 1%.
Citigroup adjusted Philip Morris International's price target to $147 from $132 on January 31. This suggests a potential increase in the company's stock value.
The Trump administration withdrew the FDA plan to ban menthol cigarettes on January 24. This decision could have a significant impact on the company's operations and stock performance.
Here is a summary of the Q3 2021 earnings call announcements:
The Q3 2021 earnings call was a significant event for Philip Morris International, Inc. Morgan Stanley initiated the company at Overweight with a $140 price target on January 16.
Market Analysis and Recommendations
Citigroup has adjusted its price target on Philip Morris International to $147 from $132, indicating a potential increase in the stock's value.
Analysts have been busy updating their recommendations on Philip Morris International. Here's a summary of the recent changes:
These updates from top analysts provide valuable insights into the potential performance of Philip Morris International's stock.
Analysts' Recommendations: International

Philip Morris International has received updates from several analysts in recent weeks. Citigroup Adjusts Price Target on Philip Morris International to $147 From $132.
First Shanghai has initiated coverage of Philip Morris International with a Buy rating and a price target of $150. This is a positive sign for the company.
Morgan Stanley has also initiated coverage of Philip Morris International with an Overweight rating and a price target of $140. Barclays has adjusted its price target on Philip Morris International to $145 From $155, while maintaining an Overweight rating.
In a surprising move, Barclays has raised its price target on Philip Morris International to $155 From $145. This suggests that some analysts are optimistic about the company's future prospects.
Here's a summary of the analysts' recommendations:
Return vs. S&P
In the world of investing, it's essential to compare your returns to a benchmark, and for Philip Morris International, Inc. investors, the S&P is a good one to look at. Philip Morris International has delivered impressive returns.
Over the past 5 years, Philip Morris International's stock has risen by 103.66%, significantly outperforming the S&P's 87.27% gain.
Let's take a closer look at the numbers. Here's a side-by-side comparison of Philip Morris International's and the S&P's performance over different time periods:
As you can see, Philip Morris International's returns have been substantially higher than the S&P's over the past 5 years, with a 16.39% difference in annualized returns.
Frequently Asked Questions
Is PM a US stock?
Yes, PM (Philip Morris International Inc.) is listed on the New York Stock Exchange (NYSE) under the ticker symbol PM, making it a US-traded stock.
Sources
- https://www.angelone.in/us-stocks/philip-morris-international-inc
- https://www.fool.com/investing/stock-market/market-sectors/consumer-staples/tobacco-stocks/
- https://www.marketscreener.com/quote/stock/PHILIP-MORRIS-INTERNATION-2836703/
- https://www.fool.com/quote/nyse/pm/
- https://www.dividend.com/how-to-invest/why-tobacco-stocks-can-make-good-dividend-investments/
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