$93.1926
0.5726[0.62%]
At close: Apr 23
$93.1926
0[0.00%]
After Hours: 6:52PM EDT
3M Stock (NYSE:MMM), Analyst Ratings, Price Targets, Predictions
3M Co has a consensus price target of $109.05, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from JP Morgan, Citigroup, and RBC Capital on April 17, 2024, April 8, 2024, and April 2, 2024. With an average price target of $95.33 between JP Morgan, Citigroup, and RBC Capital, there's an implied 2.30% upside for 3M Co from these 3 analyst ratings.
Analyst Firms Making Recommendations1
JP Morgan
Citigroup
RBC Capital
Barclays
B of A Securities
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for 3M
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/17/2024 | MMM | Buy Now | 3M | $93.19 | 18.04% | JP Morgan | Stephen Tusa | $118 → $110 | Maintains | Neutral | Get Alert |
| 04/08/2024 | MMM | Buy Now | 3M | $93.19 | 5.16% | Citigroup | Andrew Kaplowitz | $95.31 → $98 | Maintains | Neutral | Get Alert |
| 04/02/2024 | MMM | Buy Now | 3M | $93.19 | -16.3% | RBC Capital | Deane Dray | $84 → $78 | Maintains | Underperform | Get Alert |
| 04/02/2024 | MMM | Buy Now | 3M | $93.19 | 14.82% | Barclays | Julian Mitchell | $126 → $107 | Maintains | Overweight | Get Alert |
| 04/02/2024 | MMM | Buy Now | 3M | $93.19 | 7.3% | B of A Securities | Andrew Obin | $110 → $100 | Maintains | Neutral | Get Alert |
| 03/27/2024 | MMM | Buy Now | 3M | $93.19 | 12.67% | Mizuho | Brett Linzey | $105 → $105 | Maintains | Neutral | Get Alert |
| 03/20/2024 | MMM | Buy Now | 3M | $93.19 | -9.86% | RBC Capital | Deane Dray | → $84 | Reiterates | Underperform → Underperform | Get Alert |
| 03/19/2024 | MMM | Buy Now | 3M | $93.19 | 35.2% | Barclays | Julian Mitchell | $111 → $126 | Upgrade | Equal-Weight → Overweight | Get Alert |
| 03/11/2024 | MMM | Buy Now | 3M | $93.19 | 19.11% | Barclays | Julian Mitchell | $110 → $111 | Maintains | Equal-Weight | Get Alert |
| 03/07/2024 | MMM | Buy Now | 3M | $93.19 | -9.86% | RBC Capital | Deane Dray | $85 → $84 | Maintains | Underperform | Get Alert |
| 01/24/2024 | MMM | Buy Now | 3M | $93.19 | -6.64% | RBC Capital | Deane Dray | $83 → $87 | Maintains | Underperform | Get Alert |
| 01/24/2024 | MMM | Buy Now | 3M | $93.19 | 12.67% | Mizuho | Brett Linzey | $120 → $105 | Maintains | Neutral | Get Alert |
| 01/24/2024 | MMM | Buy Now | 3M | $93.19 | 11.6% | Citigroup | Andrew Kaplowitz | $117 → $104 | Maintains | Neutral | Get Alert |
| 01/24/2024 | MMM | Buy Now | 3M | $93.19 | 12.67% | Wells Fargo | Joe O'Dea | $112 → $105 | Maintains | Equal-Weight | Get Alert |
| 12/19/2023 | MMM | Buy Now | 3M | $93.19 | 20.18% | Wells Fargo | Joe O'Dea | $100 → $112 | Maintains | Equal-Weight | Get Alert |
| 12/04/2023 | MMM | Buy Now | 3M | $93.19 | 14.82% | Barclays | Julian Mitchell | $98 → $107 | Upgrade | Underweight → Equal-Weight | Get Alert |
| 10/25/2023 | MMM | Buy Now | 3M | $93.19 | 12.67% | JP Morgan | Stephen Tusa | $104 → $105 | Maintains | Neutral | Get Alert |
| 10/25/2023 | MMM | Buy Now | 3M | $93.19 | -10.94% | RBC Capital | Deane Dray | $85 → $83 | Maintains | Underperform | Get Alert |
| 10/25/2023 | MMM | Buy Now | 3M | $93.19 | 4.09% | Citigroup | Andrew Kaplowitz | $95 → $97 | Maintains | Neutral | Get Alert |
FAQ
What is the target price for 3M (MMM)?
The latest price target for 3M (NYSE: MMM) was reported by JP Morgan on April 17, 2024. The analyst firm set a price target for $110.00 expecting MMM to rise to within 12 months (a possible 18.04% upside). 39 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for 3M (MMM)?
The latest analyst rating for 3M (NYSE: MMM) was provided by JP Morgan, and 3M maintained their neutral rating.
When was the last upgrade for 3M (MMM)?
The last upgrade for 3M Co happened on March 19, 2024 when Barclays raised their price target to $126. Barclays previously had an equal-weight for 3M Co.
When was the last downgrade for 3M (MMM)?
The last downgrade for 3M Co happened on April 28, 2022 when Argus Research changed their price target from N/A to N/A for 3M Co.
When is the next analyst rating going to be posted or updated for 3M (MMM)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of 3M, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for 3M was filed on April 17, 2024 so you should expect the next rating to be made available sometime around April 17, 2025.
Is the Analyst Rating 3M (MMM) correct?
While ratings are subjective and will change, the latest 3M (MMM) rating was a maintained with a price target of $118.00 to $110.00. The current price 3M (MMM) is trading at is $93.19, which is out of the analyst’s predicted range.
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