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
€111.20
0.470%
With 10 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
However, we have a potential of -2.88% for Philip Morris International as the target price of 108 € is below the current price of 111.2 €.
