NYSE:PMTobacco
A Look At Philip Morris International’s Valuation As Smoke Free Growth And Regulatory Catalysts Gain Attention
What PMI’s $1.5b bond issue means for equity investors
Philip Morris International (PM) has been in focus after issuing US$1.5b in new notes, a move that sits alongside growing smoke free revenues, fresh earnings guidance and potential regulatory shifts around nicotine products.
See our latest analysis for Philip Morris International.
The bond issue and updated earnings guidance come after a mixed few months for the stock, with a 6.36% 30 day share price return partly offsetting a 6.30% 90...