Zacks Investment Research downgraded 3M Co (NYSE:MMM) to Sell in a statement released earlier today.
- Updated: September 27, 2016
Boasting a price of $176.02, 3M Co (NYSE:MMM) traded 0.29% higher on the day. With the last stock price close up 2.24% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. 3M Co has recorded a 50-day average of $178.80 and a two hundred day average of $172.58. Volume of trade was down over the average, with 727,271 shares of MMM changing hands under the typical 1,692,550
Zacks Investment Research has downgraded 3M Co (NYSE:MMM) to Sell in a statement released on 9/27/2016.
On Tuesday April 12, 2016, Jefferies & Co released a statement for 3M Co (NYSE:MMM) bumped up the target price from $175.00 to $187.00 that suggested an upside of 0.12%.
With a total market value of $0, 3M Co has price-earnings ratio of 22.52 with a one year low of $134.64 and a one year high of $182.27 .
A total of 16 equity analysts have released a research note on MMM. Four equity analysts rating the company a strong buy, three equity analysts rating the company a buy, nine equity analysts rating the company a hold, three equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $163.38.
Brief Synopsis About 3M Co (NYSE:MMM)
3M Company is a technology company. The Company operates through five segments. Its Industrial segment serves markets, such as automotive original equipment manufacturer and automotive aftermarket, electronics, appliance, paper and printing, packaging, food and beverage, and construction. Its Safety and Graphics segment serves markets for the safety, security and productivity of people, facilities and systems. Its Health Care segment serves markets that include medical clinics and hospitals, pharmaceuticals, dental and orthodontic practitioners, health information systems, and food manufacturing and testing. Its Electronics and Energy segment serves customers in electronics and energy markets, including solutions for electronic devices; electrical products; telecommunications networks, and power generation and distribution. Its Consumer segment serves markets that include consumer retail, office business to business, home improvement, drug and pharmacy retail, and other markets.
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