According to the issued ratings of 14 analysts in the last year, the consensus rating for 3M stock is Hold based on the current 4 sell ratings, 9 hold ratings and 1 buy rating for MMM. The average twelve-month price prediction for 3M is $150.85 with a high price target of $205.00 and a low price target of $118.00.
Is 3m (MMM) a good stock to buy now?
3M (NYSE:MMM) Price Target and Consensus Rating 11 Wall Street analysts have issued ratings and price targets for 3M in the last 12 months. Their average twelve-month price target is $194.45, predicting that the stock has a possible downside of 2.76%. The high price target for MMM is $215.00 and the low price target for MMM is $170.00.
Do analysts agree on 3M's (3m) price targets?
The company's average rating score is 1.79, and is based on 2 buy ratings, 7 hold ratings, and 5 sell ratings. According to analysts' consensus price target of $177.38, 3M has a forecasted upside of 18.3% from its current price of $149.90.
What is the upside for 3M's stock?
On average, they expect 3M's stock price to reach $177.38 in the next twelve months. This suggests a possible upside of 17.8% from the stock's current price. View analysts' price targets for 3M or view top-rated stocks among Wall Street analysts.
Is 3M’s dividend safe?
3M pays an annual dividend of $5.92 per share and currently has a dividend yield of 3.76%. 3M has been increasing its dividend for 64 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of 3M is 58.50%. This payout ratio is at a healthy, sustainable level, below 75%.
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Is 3M a buy sell or hold?
3M has received a consensus rating of Hold. The company's average rating score is 1.79, and is based on 1 buy rating, 9 hold ratings, and 4 sell ratings.
Is 3 Ma a good stock to buy?
3M's dividend has a yield of 4.33%, a payout ratio a bit below 60%, and a 5 year growth rate of 5.38%. Investors should consider the dividend safe, as the payout ratio is reasonable, and the company has investment grade credit ratings.
Is 3M a good stock to buy Zacks?
Zacks' proprietary data indicates that 3M Company is currently rated as a Zacks Rank 4 and we are expecting a below average return from the MMM shares relative to the market in the next few months.
Is III a buy?
The consensus among 2 Wall Street analysts covering (NASDAQ: III) stock is to Strong Buy III stock.
Is 3M a good stock to buy 2022?
Favorable Analyst Estimates Analysts expect MMM's EPS for the quarter ending Sept. 30, 2022, to increase 13.9% year-over-year to $2.79. Its revenue for its fiscal year 2023 is expected to increase 3.3% year-over-year to $37.07 billion. It surpassed the Street's EPS estimates in each of the trailing four quarters.
Will 3M stock go up?
Stock Price Forecast The 17 analysts offering 12-month price forecasts for 3M Co have a median target of 145.00, with a high estimate of 181.00 and a low estimate of 118.00. The median estimate represents a +4.26% increase from the last price of 139.07.
Is Cat a good stock to buy?
Its Value Score of B indicates it would be a good pick for value investors. The financial health and growth prospects of CAT, demonstrate its potential to outperform the market. It currently has a Growth Score of C.
What is Zacks rating of cat?
Consensus RecommendationsCurrent (1=Strong Buy, 5=Strong Sell)2.0230 Days Ago2.0960 Days Ago2.0990 Days Ago2.14
Is JPM a buy Zacks?
(JPM) - Zacks....(Delayed Data from NYSE)Zacks RankDefinitionAnnualized Return1Strong Buy24.75%2Buy18.15%3Hold9.70%4Sell5.35%2 more rows
Should I invest in 3i?
Anyone investing now should assume that the pace of NAV growth slows because 3i isn't making many new acquisitions. However, the valuation has become more favourable which makes the stock considerably more attractive. This is a solid 'buy' for anyone who is patient and happy to tuck their money away for a long time.
Should I buy 3i Group shares?
There are currently 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" 3i Group stock.
Is 3i a good investment?
The good news is that 3i Group is growing revenues, and EBIT margins improved by 9.8 percentage points to 96%, over the last year. Ticking those two boxes is a good sign of growth, in my book. In the chart below, you can see how the company has grown earnings, and revenue, over time.
What stocks are good to buy May 2022?
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What is the best $3.00 stock?
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What are the best value stocks to buy now?
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What are the best growth stocks right now?
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What is 3M's consensus rating and price target?
According to the issued ratings of 15 analysts in the last year, the consensus rating for 3M stock is Hold based on the current 5 sell ratings, 9 h...
Do Wall Street analysts like 3M more than its competitors?
Analysts like 3M stock less than the stock of other Multi-Sector Conglomerates companies. The consensus rating score for 3M is 1.73 while the avera...
Do MarketBeat users like 3M more than its competitors?
MarketBeat users like 3M stock less than the stock of other Multi-Sector Conglomerates companies. 62.93% of MarketBeat users gave 3M an outperform...
Is 3M being downgraded by Wall Street analysts?
Over the previous 90 days, 3M's stock had 1 downgrade by analysts.
Does 3M's stock price have much upside?
According to analysts, 3M's stock has a predicted upside of 4.72% based on their 12-month price targets.
What analysts cover 3M?
3M has been rated by Argus , Barclays , Citigroup , Credit Suisse Group , Deutsche Bank Aktiengesellschaft , Jefferies Financial Group , Mor...
About 3M
3M Co. is a technology company, which manufactures industrial, safety, and consumer products. It operates through the following segments: Safety and Industrial, Transportation and Electronics, Health Care, and Consumer.
3M (NYSE:MMM) Frequently Asked Questions
14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for 3M in the last twelve months. There are currently 5 sell ratings, 7 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" 3M stock.
3M (MMM)
This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.
3M Company - Hold
Zacks' proprietary data indicates that 3M Company is currently rated as a Zacks Rank 3 and we are expecting an inline return from the MMM shares relative to the market in the next few months.
Style Scorecard
The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.
Chart for MMM
Conglomerate 3M’s focus on business transformation — with moves like the localization of decision making and integration of supply chains — enhances its competitive advantage. Also, its recognized product brands and investments in innovation are compelling. Inorganic actions (buyouts and divestments) are added advantages. Headquartered in St.
MMM earnings per share forecast
What is MMM 's earnings per share in the next 3 years based on estimates from 6 analyst s?
MMM revenue forecast
What is MMM 's revenue in the next 3 years based on estimates from 5 analyst s?
MMM earnings growth forecast
How is MMM forecast to perform vs Specialty Industrial Machinery companies and vs the US market?
MMM revenue growth forecast
How is MMM forecast to perform vs Specialty Industrial Machinery companies and vs the US market?
Results
Sales
- 3M updated its FY 2019 earnings guidance on Thursday, April, 25th. The company provided earnings per share guidance of $9.25-9.75 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $10.52.
Example
- 13 brokerages have issued 1-year price targets for 3M's stock. Their forecasts range from $154.00 to $225.00. On average, they anticipate 3M's share price to reach $197.0817 in the next twelve months. This suggests a possible upside of 12.1% from the stock's current price. View Analyst Price Targets for 3M.
Ratings
- 13 Wall Street analysts have issued \"buy,\" \"hold,\" and \"sell\" ratings for 3M in the last year. There are currently 3 sell ratings, 7 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of \"Hold.\" View Analyst Ratings for 3M. News coverage about MMM stock has trended neutral this week, InfoTrie Sentiment Ana...
Ownership
- 3M's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.71%), US Bancorp DE (0.81%), Parnassus Investments CA (0.61%), PNC Financial Services Group Inc. (0.48%), Ronna Sue Cohen (0.47%) and Sumitomo Mitsui Trust Holdings Inc. (0.43%). Company insiders that own 3M stock include Eric D Hammes…
Business
- 3M has a market capitalization of $101.37 billion and generates $32.77 billion in revenue each year. The conglomerate earns $5.35 billion in net income (profit) each year or $10.46 on an earnings per share basis. 3M employs 93,516 workers across the globe.
Location
- 3M's mailing address is 3M CENTER BLDG. 220-11W-02, ST PAUL MN, 55144. The conglomerate can be reached via phone at 651-733-1110.