In a report issued on July 29, Nik Modi from RBC Capital maintained a Hold rating on Altria Group (MO – Research Report), with a price target of $50.00. The company's shares closed last Monday at $44.05. According to TipRanks.com, Modi is a 5-star analyst with an average return of 9.1% and a 65.1% success rate. Modi covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Reynolds Consumer Products, and Spectrum Brands Holdings. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Altria Group with a $48.64 average price target, an 11.3% upside from current levels.
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