Jefferies keeps USD 60.00 target on Altria Group stock

Published on 10/05/2026 at 09:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached USD 5.36 billion in 2026's second quarter. Altria Group stock costs EUR 60.19 on October 5, 2026 after EUR 59.88, plus 0.52 percent.

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Altria Group (ISIN US02209S1033) was trading at EUR 60.19 at Lang & Schwarz on October 5, 2026 at 9:14 a.m. CEST, while Investing.com reported on October 2, 2026 that Jefferies had reiterated an Underperform rating and a USD 60.00 price target. The euro quote was up 0.52 percent against the EUR 59.88 prior close.

Jefferies stays below consensus

Jefferies' USD 60.00 target sits below the USD 70.11 average 12-month target tracked by MarketBeat on October 2, 2026. The same overview counted five Buy, five Hold and two Sell ratings, making the spread between the bearish single-house view and the wider analyst mix the key valuation signal.

Using the USD 67.35 primary-market quote dated October 2, 2026 as context, Jefferies' target is USD 7.35 lower, or 10.92 percent below that reference. The target therefore points to a more cautious assessment than the consensus, even as Altria's current income profile remains central to the debate.

Second-quarter revenue rose

MarketBeat reported that Altria generated USD 5.36 billion of revenue in the second quarter of 2026, up 1.20 percent from the year-earlier period. Earnings per share came to USD 1.48, below the USD 1.50 consensus by USD 0.02, while full-year 2026 earnings-per-share guidance stood at USD 5.61 to USD 5.72.

The figures show the tension behind the rating split: revenue growth and the outlook support the cash-return story, but the earnings comparison was weaker than expected. Altria's operating cash flow was USD 719.0 million in the second quarter of 2026, according to the latest quarterly financial data.

Dividend payment due October 9

Altria raised its quarterly dividend to USD 1.11 from USD 1.06, according to MarketBeat on October 2, 2026. The USD 4.44 annualized payout is scheduled for payment on October 9, 2026, giving the stock's income appeal a concrete near-term date.

EUR 60.19 quote in trading

At Lang & Schwarz, Altria Group stock was trading at EUR 60.19 on October 5, 2026 at 9:14 a.m. CEST, plus 0.52 percent versus the prior close of EUR 59.88 on October 2, 2026. The primary listing is on the NYSE, where the October 2, 2026 quote was USD 67.35; the 52-week range was USD 54.70 to USD 77.06 and market capitalization was USD 112.5 billion.

The further course of trading is shown by the continuously updated real-time quote of Altria Group stock.