Altria Group (NYSE:MO) saw unusually large options trading activity on Monday. Investors bought 32,854 call options on the company, Stock Ratings Network reports. This represents an increase of approximately 334% compared to the average daily volume of 7,564 call options. Altria Group Inc. (NYSE:MO) stock opened at $37.00 in last session, and closed at $36.81, while the day range of Altria Group Inc. (NYSE:MO) stock is $36.58 – $37.03. The stock showed a positive weekly performance of 1.52%.
Philip Morris International (NYSE:PM) was upgraded by research analysts at EVA Dimensions from a “hold” rating to a “buy” rating in a report released on Tuesday, Analyst Ratings Network.com reports. Philip Morris International Inc. (NYSE:PM) stock opened at $81.02 in last session, and closed at $80.34 by losing -0.70%. The 52 week range of $75.28 – $96.73. Company’s market capitalization is $128.38 billion.
Reynolds American May Bid for Lorillard Inc. (NYSE:LO) as Tobacco Players Consolidate. Reynolds American Inc. (RAI) is reportedly looking into a possible takeover bid for rival Lorillard Inc. (LO), in a move that would create the second-largest tobacco company in the US. Lorillard Inc. (NYSE:LO) stock increased 1.15% and finished the last session at $52.99. The EPS of the stock remained 3.22. Company’s market capitalization is $19.42 billion.
Zacks reissued their neutral rating on shares of Reynolds American Inc. (NYSE:RAI) in a research report sent to investors on Thursday morning, Analyst Ratings Network reports. The firm currently has a $57.00 price target on the stock. Reynolds American, Inc. (NYSE:RAI) stock opened the session at $53.29, and closed the session at $53.55. The 52 week range of the Reynolds American, Inc. (NYSE:RAI) stock remained $42.46 – $56.77 and the day range was $52.69 – $53.70.