Philip Morris Analyst Raises Forecasts Ahead Of Q3 Earnings, But 'Consumer Elasticities Remain A Risk'
Philip Morris Analyst Raises Forecasts Ahead Of Q3 Earnings, But 'Consumer Elasticities Remain A Risk'
Tobacco giant Philip Morris International Inc. (NYSE:PM) invested $232 million to expand its Kentucky facility.
菸草巨頭菲利普莫里斯國際公司（紐交所:PM）投資2.32億美元擴大其肯塔基設施。
Goldman Sachs analyst Bonnie Herzog expects the Marlboro parent company to report strong results for its fiscal third quarter on Oct. 22.
高盛分析師邦妮·赫佐格（Bonnie Herzog）預計，萬寶路的母公司將於10月22日公佈其財政第三季度強勁業績。
Herzog reiterated a Buy rating and raised the price target from $126 to $140.
赫佐格重申買入評級，並將價格目標從126美元上調至140美元。
The Philip Morris International Thesis: The cigarette producer is likely to "comfortably reach" a 10% share of the U.S. combustible and heat-not-burn market by around 2030, Herzog wrote in a note.
菲利普莫里斯國際股票投資論點：到2030年左右，這家香菸生產商有望在美國可燃和不燃燒市場中佔據10%的市場份額，赫佐格在一份備忘錄中寫道。
Check out other analyst stock ratings.
查看其他分析師的股票評級。
The analyst listed Philp Morris's near-term catalysts as:
該分析師列出了菲利普莫里斯的近期催化劑爲：
- iQOS momentum
- Easing ZYN supply constraints
- More favorable FX trends
- Volume returning in key European markets as a result of the EU flavor ban
- iQOS動能
- 緩解ZYN供應約束
- 更有利的外匯期貨趨勢
- 由於歐盟口味禁令，關鍵歐洲市場的成交量正在回升
Longer-term growth drivers include:
長期增長驅動因素包括:
- iQOS entry into the U.S. market
- ILUMA momentum
- New ZYN capacity
- Taiwan potentially opening
- iQOS進入美國市場
- ILUMA勢頭
- 新ZYN產能
- 臺灣有可能開放
"We estimate PM's currency-neutral revenue increased 7.6% in Q3 reflecting strong performance of iQOS and benefits from ZYN, although increased consumer elasticities remain a risk," Herzog added.
「我們估計菲利普莫里斯的貨幣中立營業收入在第三季度增長了7.6%，反映了iQOS的強勁表現以及ZYN帶來的好處，儘管消費者彈性增加仍然是一個風險，」 Herzog補充道。
PM Price Action: Shares of Philip Morris had risen by 0.21% to $121.47 at the time of publication on Wednesday.
菲利普莫里斯股價走勢：週三發佈時，菲利普莫里斯股票上漲0.21%，至121.47美元。
Read More:
閱讀更多：
- Philip Morris International To Rally More Than 10%? Here Are 10 Top Analyst Forecasts For Wednesday
- 菲利普莫里斯國際將會上漲超過10%? 以下是週三的十位頂級分析師預測
Image: Shutterstock
圖片：shutterstock
譯文內容由第三人軟體翻譯。
