15-min delayed · Sep 8, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 10 firms covering 3M Company, 4 rate it Buy or better, 4 sit at Hold, and 2 rate it Sell or worse, a moderate buy consensus. Targets span $132.00 to $218.00, a moderate spread. The average target of $173.40 sits 4% above the current $167.43. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 3 to 4 over recent months. On the fundamentals, the Street sees consensus EPS building from about $2.01 next quarter toward $9.78 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS10 ratings
Moderate Buy
Strong Buy00%
Buy440%
Hold440%
Sell220%
Strong Sell00%
Based on 10 analysts giving stock ratings to 3M Company.
As of Sep, 4 of 10 firms rate MMM a Buy (4 Hold, 2 Sell), the standing distribution of every covering firm's most recent active call.
MMM EPS & revenue forecast
EPS · NEXT QUARTER
$2.01
Range $1.92 – $2.05 · 12 analysts · +10% YoY
Next period, 12 analysts expect 3M Company to earn $2.01 a share (range $1.92 – $2.05), versus $1.83 a year earlier. Full-year consensus is $8.94, growing to $9.78 the year after.
REVENUE · NEXT QUARTER
$6.3B
Range $6.2B – $6.4B · 12 analysts · +5% YoY
Revenue is expected to reach $6.3B (range $6.2B – $6.4B), +4.7% year-over-year. Full-year consensus is $25.4B, rising to $26.5B next year.
Top analysts covering 3M Company
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on MMM.
#1
Julian Mitchell
Barclays · Rank #152
Buy
$185.00+10.5% to target
Overall win rate
43%
+ Follow
#2
Andrew Kaplowitz
Citigroup · Rank #211
Hold
$183.00+9.3% to target
Overall win rate
42%
+ Follow
#3
Deane Dray
RBC Capital · Rank #261
Sell
$132.00-21.2% to target
Overall win rate
39%
+ Follow
#4
JO
Joe O'Dea
Wells Fargo
Buy
$165.00-1.5% to target
Coverage
—
+ Follow
#5
Amit Mehrotra
UBS
Buy
$218.00+30.2% to target
Coverage
—
+ Follow
MMM stock forecast FAQ
What is MMM's average 12-month price target?+
The 10 analysts with a live target average $173.40 for 3M Company over the next 12 months, ranging from a $218.00 high to a $132.00 low.
Is MMM stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 10 analyst ratings, 4 are Buy or Strong Buy, 4 are Hold, and 2 are Sell or Strong Sell.
What are the highest and lowest price targets for MMM?+
The Street-high target is $218.00 (UBS), and the Street-low is $132.00 (RBC Capital). The average of all 10 active targets is $173.40.
How many Wall Street analysts cover MMM?+
10 analysts have an active rating on 3M Company, and 10 firms carry a live 12-month price target.
Who is the most accurate analyst covering MMM?+
Among analysts who currently cover MMM, Julian Mitchell of Barclays has the strongest overall Quantellect track record (Rank #152). Their current call is Buy with a $185.00 target.
What is 3M Company's projected EPS for next quarter?+
The consensus estimate is $2.01 per share (range $1.92 – $2.05) across 12 analysts. Full-year EPS is projected at $8.94, rising to $9.78 the following year.
How much revenue is 3M Company expected to report next quarter?+
Consensus revenue is $6.3B (range $6.2B – $6.4B). Full-year revenue is projected at $25.4B, growing to $26.5B next year.
Have analysts been upgrading or downgrading MMM lately?+
As of Sep, 4 of 10 firms rate MMM a Buy (4 Hold, 2 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their MMM calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
Bernstein
