3M (MMM) Stock Forecast & Price Target $127.32 -0.52 (-0.41%) (As of 11/21/2024 ET) Add Compare Share Share Analyst Forecasts Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends 3M - Analysts' Recommendations and Stock Price Forecast (2024) How MarketBeat Calculates Price Target and Consensus Rating MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data. Consensus Rating Moderate BuyBased on 16 Analyst RatingsSell2Hold3Buy11 Based on 16 Wall Street analysts who have issued ratings for 3M in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 16 analysts, 2 have given a sell rating, 3 have given a hold rating, and 11 have given a buy rating for MMM. Consensus Price Target $144.8713.78% Upside According to the 16 analysts' twelve-month price targets for 3M, the average price target is $144.87. The highest price target for MMM is $184.00, while the lowest price target for MMM is $100.00. The average price target represents a forecasted upside of 13.78% from the current price of $127.32. Get the Latest News and Ratings for MMM and Related Stocks Enter your email address to receive the latest news and analysts' ratings for 3M and its competitors. Enter your email to sign up for newsletter Sign Up MMM Analyst Ratings Over TimeTypeCurrent Forecast11/23/23 to 11/22/241 Month Ago10/24/23 to 10/23/243 Months Ago8/25/23 to 8/24/241 Year Ago11/23/22 to 11/23/23Strong Buy0 Strong Buy rating(s)0 Strong Buy rating(s)0 Strong Buy rating(s)0 Strong Buy rating(s)Buy11 Buy rating(s)10 Buy rating(s)8 Buy rating(s)0 Buy rating(s)Hold3 Hold rating(s)4 Hold rating(s)5 Hold rating(s)8 Hold rating(s)Sell2 Sell rating(s)2 Sell rating(s)1 Sell rating(s)2 Sell rating(s)Consensus Price Target$144.87$135.67$123.57$104.30Forecasted Upside13.78% Upside6.07% Upside-5.35% Downside9.36% UpsideConsensus RatingModerate BuyModerate BuyModerate BuyReduce What do “they” know that you don’t? (Ad)Over the past decade, the Central Bank trade has been clear: Sell Treasuries, buy gold. In fact, Central Banks have now DOUBLED their gold stake - sending stockpiles to the highest level since the '90s, according to The Kobeissi Letter.No. 1 way to profit from gold's rise, and you can get started for less than $10. MMM Analyst Recommendations By MonthAnalyst Ratings Chart DescriptionThe chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.Skip Chart & View Analyst Rating History MMM Price Targets by MonthAverage Share Price and Price Target by Month Chart DescriptionThe chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table 3M Stock vs. The CompetitionType3MMulti-Sector Conglomerates CompaniesS&P 500Consensus Rating Score 2.56 2.75 2.50Consensus RatingModerate BuyModerate BuyModerate BuyPredicted Upside13.78% Upside19.47% Upside8.51% UpsideNews Sentiment RatingPositive NewsSee Recent MMM NewsPositive NewsPositive News Recent Analyst Forecasts and Stock Ratings All Ratings Strong Buy Buy Hold Sell Rating Show All Upside > 100% Upside 50% - 100% Upside 20% - 50% Upside 10% - 20% Upside 0% - 10% Downside 0% - 10% Downside 10% - 20% Downside 20% - 50% Downside 50% - 100% Downside > 100% Upside/Downside All Actions Upgrades Downgrades Initiates Coverage Raises Target Lowers Target Reiterates Rating Action Custom Range 1 Month 3 Months 6 Months Year-to-Date 1 Year 3 Years 5 Years Time Frame Start Date End Date Most Recent from Each Brokerage All Show Export to Excel DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails11/13/2024UBS Group4 of 5 starsD. KarasSubscribe to MarketBeat All Access for the recommendation accuracy ratingUpgradeNeutral ➝ Buy$130.00 ➝ $184.00+41.19%10/28/2024JPMorgan Chase & Co.3 of 5 stars Boost TargetOverweight ➝ Overweight$160.00 ➝ $165.00+28.24%10/23/2024Royal Bank of Canada4 of 5 stars Boost TargetUnderperform ➝ Underperform$99.00 ➝ $100.00-21.02%10/23/2024Bank of AmericaSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetBuy ➝ Buy$143.00 ➝ $160.00+26.46%10/23/2024BarclaysSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetOverweight ➝ Overweight$160.00 ➝ $165.00+26.04%10/22/2024Melius ResearchSubscribe to MarketBeat All Access for the recommendation accuracy ratingS. DavisSubscribe to MarketBeat All Access for the recommendation accuracy ratingUpgradeHold ➝ Buy$180.00+36.23% Get the Latest News and Ratings for MMM and Related StocksEnter your email address below to receive the latest news and analysts' ratings for 3M and its competitors with MarketBeat's FREE daily newsletter. 10/17/2024MizuhoSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetNeutral ➝ Neutral$105.00 ➝ $146.00+7.05%10/7/2024Wells Fargo & CompanySubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetEqual Weight ➝ Equal Weight$130.00 ➝ $140.00+4.14%9/6/2024Morgan StanleySubscribe to MarketBeat All Access for the recommendation accuracy rating Initiated CoverageUnderweight$125.00-4.87%7/30/2024ArgusSubscribe to MarketBeat All Access for the recommendation accuracy ratingJ. EadeSubscribe to MarketBeat All Access for the recommendation accuracy ratingUpgradeHold ➝ Buy$145.00+15.76%7/29/2024CitigroupSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetNeutral ➝ Neutral$100.00 ➝ $133.00+6.64%7/29/2024Deutsche Bank AktiengesellschaftSubscribe to MarketBeat All Access for the recommendation accuracy rating UpgradeHold ➝ Buy$110.00 ➝ $150.00+17.96%6/13/2024Wolfe ResearchSubscribe to MarketBeat All Access for the recommendation accuracy rating UpgradePeer Perform ➝ Outperform$125.00+23.51%5/16/2024Vertical ResearchSubscribe to MarketBeat All Access for the recommendation accuracy rating UpgradeHold ➝ Buy$92.00 ➝ $140.00+38.27%5/10/2024HSBCSubscribe to MarketBeat All Access for the recommendation accuracy rating UpgradeHold ➝ Buy$91.13 ➝ $115.00+18.14%6/27/2023VNET GroupSubscribe to MarketBeat All Access for the recommendation accuracy rating Reiterated RatingMaintainsAnalyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 03:21 AM ET. MMM Forecast - Frequently Asked Questions What is 3M's forecast for 2025? According to the research reports of 16 Wall Street equities research analysts, the average twelve-month stock price forecast for 3M is $144.87, with a high forecast of $184.00 and a low forecast of $100.00. Should I buy or sell 3M stock right now? 16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for 3M in the last twelve months. There are currently 2 sell ratings, 3 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" MMM shares. Does 3M's stock price have much upside? According to analysts, 3M's stock has a predicted upside of 13.78% based on their 12-month stock forecasts. Has 3M been upgraded by Wall Street analysts recently? Over the previous 90 days, 3M's stock had 3 upgrades by analysts. What analysts cover 3M? 3M has been rated by research analysts at Bank of America, Barclays, JPMorgan Chase & Co., Melius, Melius Research, Mizuho, Morgan Stanley, Royal Bank of Canada, UBS Group, and Wells Fargo & Company in the past 90 days. Do Wall Street analysts like 3M more than its competitors? Analysts like 3M less than other "multi-sector conglomerates" companies. The consensus rating score for 3M is 2.56 while the average consensus rating score for "multi-sector conglomerates" companies is 2.75. Learn more on how MMM compares to other companies. 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