Technical Analysis
The technical indicators for Altria (MO) suggest a neutral to slightly bearish trend in the near term. The stock has been trading in a consolidation pattern, with key resistance levels identified.
News Analysis Recent news indicates positive dividend developments for Altria:
Price Prediction for Next Trading Week Based on technical analysis and recent news:
Target price for next week: $41.75
Trading Recommendation: HOLD
Expected price movement appears constrained, with the dividend announcement likely to provide support but not enough momentum for significant gains in the coming week.
The price of MO is predicted to go up -0.19%, based on the high correlation periods with MPWR. The similarity of these two price pattern on the periods is 96.48%.
MO
MPWR
The US market, while mature in volume terms, is a highly affordable one relative to other developed markets. This leaves headroom for price increases for many years.
Altria has kept its options open. It has a broad suite of cigarette alternatives in its portfolio that should ensure it holds a leadership position in whichever categories are victorious in attracting smokers to new products.
Relatively low capital requirements allow the company to return significant capital to shareholders in the form of an 80% stated dividend payout ratio policy.
Morgan Stanley
2025-01-31
Price Target
$54 → $53
Upside
+1.47%
Morgan Stanley
2025-01-16
Price Target
$54
Upside
+5.55%
B of A Securities
2024-12-06
Price Target
$55 → $65
Upside
+13.4%