Philip Morris Dreams of Becoming an ESG Stock
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The company behind Marlboro cigarettes wants you -- and more importantly, investors -- to know they're gonna be better cowboys.
Philip Morris International CEO Jacek Olczak gave an interview to the Financial Times on Tuesday, in which he said PMI is on track to becoming an ESG stock as the company retreats from cigarettes and shifts toward vaping. For anyone who's had a popcorn-scented vapor smack them in the face during a stroll, that might not position PMI as a force for good.
Source Fool.com
Philip Morris International Stock
We see a rather positive sentiment for Philip Morris International with 6 Buy predictions and 1 Sell predictions.
With a target price of 107 € there is a slightly positive potential of 18.04% for Philip Morris International compared to the current price of 90.65 €.