Disclaimer: The TipRanks Smart Score performance is based on backtested results. Backtested performance is not an indicator of future actual results. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading. Changes in these assumptions may have a material impact on the backtested returns presented. Certain assumptions have been made for modeling purposes and are unlikely to be realized. No representations and warranties are made as to the reasonableness of the assumptions. This information is provided for illustrative purposes only. Backtested performance is developed with the benefit of hindsight and has inherent limitations. Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Since trades have not actually been executed, results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making process. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. Actual performance may differ significantly from backtested performance. Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. Please note all regulatory considerations regarding the presentation of fees must be taken into account. No cash balance or cash flow is included in the calculation.
FAQs
3M (MMM) Stock Forecast, Price Targets and Analysts Predictions - TipRanks.com? ›
The average price target for 3M is $133.10. This is based on 10 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $150.00 ,the lowest forecast is $95.00. The average price target represents -0.06% Decrease from the current price of $133.18.
What is the target price for MMM stock in 2024? ›What is the target price for 3M (MMM) stock? The latest price target for 3M (NYSE:MMM) was reported by Morgan Stanley on September 6, 2024. The analyst firm set a price target for $125.00 expecting MMM to fall to within 12 months (a possible -2.80% downside). 40 analyst firms have reported ratings in the last year.
What is the price target for MMM in 2025? ›According to analysts, MMM price target is 134.53 USD with a max estimate of 161.00 USD and a min estimate of 95.00 USD.
Is MMM a good buy now? ›Out of 14 analysts, 7 (50%) are recommending MMM as a Strong Buy, 1 (7.14%) are recommending MMM as a Buy, 4 (28.57%) are recommending MMM as a Hold, 1 (7.14%) are recommending MMM as a Sell, and 1 (7.14%) are recommending MMM as a Strong Sell.
What is the price target for 3M 12 month? ›Analyst Price Targets
Based on analysts offering 12 month price targets for MMM in the last 3 months. The average price target is $132.36 with a high estimate of $150 and a low estimate of $95.
3M's revenue is forecast to decline at 5.6% per annum while its annual earnings are expected to grow at 21.5% per year. EPS is expected to grow by 22.5% per annum. Return on equity is forecast to be 71.3% in 3 years.
What is the projection for MMM stock? ›MMM Stock 12 Month Forecast
Based on 11 Wall Street analysts offering 12 month price targets for 3M in the last 3 months. The average price target is $132.36 with a high forecast of $150.00 and a low forecast of $95.00. The average price target represents a 1.74% change from the last price of $130.09.
Mahindra & Mahindra Ltd. has an average target of 3198.29. The consensus estimate represents an upside of 18.07% from the last price of 2708.85. View 16 reports from 8 analysts offering long-term price targets for Mahindra & Mahindra Ltd.. Reco - This broker has downgraded this stock from it's previous report.
What is the 5 year dividend growth rate for MMM? ›3M Co (MMM) 5-Year Dividend Growth Rate : 1.70% (As of Jun.
Why is 3M stock falling? ›Shares of 3M Co. tanked Tuesday, after the consumer, industrial and healthcare-products company provided a 2024 profit outlook that was well below forecasts, which overshadowed fourth-quarter results that topped expectations.
Should I hold my 3M stock? ›
3M is not a great fit for most investors
At the end of the day, 3M isn't a bad company. But it is still a company dealing with material change that has been driven by big legal and regulatory headwinds.
Largest shareholders include Vanguard Group Inc, BlackRock Inc., State Street Corp, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, VFINX - Vanguard 500 Index Fund Investor Shares, Geode Capital Management, Llc, Morgan Stanley, State Farm Mutual Automobile Insurance Co, Newport Trust Co, and FXAIX - ...
How much is MMM dividend per year? ›Dividend Data
MMM 's annual dividend is $2.80 per share. This is the total amount of dividends paid out to shareholders in a year. 3M Company's ( MMM ) ex-dividend date is August 26, 2024 , which means that buyers purchasing shares on or after that date will not be eligible to receive the next dividend payment.
Those strategies include: expand 3M's relevance to customers and presence in the marketplace; gain market share and accelerate penetration; invest in innovation; achieve regional self-sufficiency; build high-performing and diverse global talent; and drive consistent and superior operational excellence.
How is 3M doing financially? ›Adjusted sales of $7.7 billion, up 0.5 percent year-on-year with adjusted organic sales increase of 0.8 percent year-on-year. Operating cash flow of $0.8 billion; adjusted free cash flow of $0.8 billion. 3M returned $835 million to shareholders via dividends.
What is the fair price of 3M stock? ›As of 2024-09-13, the Fair Value of 3M Co (MMM) is 8.58 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 132.03 USD, the upside of 3M Co is -93.50%.
What is the future price of MMM? ›The forecasts for 3M Company (MMM) range from a low of $95 to a high of $150. The average price target represents a increase of $1.98 from the last closing price of $128.60.
What is the future prediction for M&M stock price? ›According to analysts, M_M price target is 3,228.08 INR with a max estimate of 3,700.00 INR and a min estimate of 2,455.00 INR.
What stock will boom in 2024? ›| S.No. | Name | CMP Rs. |
|---|---|---|
| 1. | Man Infra | 191.15 |
| 2. | BLS Internat. | 430.70 |
| 3. | Black Box | 506.00 |
| 4. | RHI Magnesita | 576.95 |