3M Company (MMM) stock forecast for 2024

The forecast has been updated: March 25, 2023 8:16


3M Company stock price online today

Analyst Target Price

119.75

Dividend Date

12.03.2023

Ex Dividend Date

16.02.2023

Last Split Factor

Last Split Date

01.01.1970

Should you buy or sell 3M Company stock stock today? What is the projected target price level for 2024? How much will it cost in 2024? 3M Company stock Stock Monthly Prediction for January, February, March, April, May, July, July, August, September, October, November and December 2024.

We predict the dynamics of the stock market value using resonant artificial intelligence systems.

Technical, fundamental analyzes, news background, general geopolitical situation in the world and other factors are taken into account.

Forecasts are adjusted once a day taking into account the price change of the previous day.

To date, analysts have a $119.75 target price for 3M Company stock stock.

Today 200 Day Moving Average is the resistance level (123.73 $).

50 Day Moving Average is the resistance level (112.51 $).




MMM Forecast for 2024

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 170.10 162.44 175.91 7.66 %
Feb 163.77 156.60 167.40 6.46 %
Mar 161.90 154.42 169.19 8.73 %
Apr 165.11 157.28 168.18 6.48 %
May 166.10 163.41 169.98 3.87 %
Jun 175.47 170.62 178.62 4.48 %
Jul 176.62 173.87 184.04 5.53 %
Aug 183.51 180.43 191.22 5.64 %
Sep 190.34 181.66 197.65 8.09 %
Oct 191.48 187.46 193.78 3.26 %
Nov 190.91 182.54 196.29 7.00 %
Dec 182.43 173.78 189.76 8.42 %

The forecasts table above shows the forecast values of the company's stock price for each month. The Rate Forecast column displays the Optimal Average Forecast Price. The MIN Rate column displays a pessimistic forecast for this month. “MAX Rate” is an optimistic forecast. The % Volatility column represents the approximate monthly volatility of 3M Company stock.


3M Company overview

3M Company Address

3M CENTER, BLDG. 220-13E-26A, ST PAUL, MN, US

Market Capitalization

55 698 366 000 $

EBITDA

7 424 000 000

PE Ratio

10.24

PEG Ratio

2.314

Dividend Per Share

5.96

Dividend Yield

0.0575

EPS

9.86

Quarterly Earnings Growth YOY

-0.578

Quarterly Revenue Growth YOY

-0.062

Trailing PE

10.24

Forward PE

11.92

EV To Revenue

2.377

EV To EBITDA

8.52

52 Week High

147.85

52 Week Low

100.16

50 Day Moving Average

112.51

200 Day Moving Average

123.73

Shares Outstanding

551469000

Shares Float

Shares Short Prior Month

Short Ratio

Percent Insiders

Percent Institutions

3M Company stock forecast for this year


3M Company stock forecast for Jan 2024.
Estimated Average Forecasted 3M Company Price: 170.10. Negative monthly dynamics of the instrument is expected with 7.658% volatility is expected.

Pessimistic forecast: 162.44

Optimistic: 175.91


3M Company stock forecast for Feb 2024.
Estimated Average Forecasted 3M Company Price: 163.77. Negative monthly dynamics of the instrument is expected with 6.456% volatility is expected.

Pessimistic forecast: 156.60

Optimistic: 167.40


3M Company stock forecast for Mar 2024.
Estimated Average Forecasted 3M Company Price: 161.90. Negative monthly dynamics of the instrument is expected with 8.727% volatility is expected.

Pessimistic forecast: 154.42

Optimistic: 169.19


3M Company stock forecast for Apr 2024.
Estimated Average Forecasted 3M Company Price: 165.11. Positive monthly dynamics of the instrument is expected with 6.479% volatility is expected.

Pessimistic forecast: 157.28

Optimistic: 168.18


3M Company stock forecast for May 2024.
Estimated Average Forecasted 3M Company Price: 166.10. Positive monthly dynamics of the instrument is expected with 3.870% volatility is expected.

Pessimistic forecast: 163.41

Optimistic: 169.98


3M Company stock forecast for Jun 2024.
Estimated Average Forecasted 3M Company Price: 175.47. Positive monthly dynamics of the instrument is expected with 4.479% volatility is expected.

Pessimistic forecast: 170.62

Optimistic: 178.62


3M Company stock forecast for Jul 2024.
Estimated Average Forecasted 3M Company Price: 176.62. Positive monthly dynamics of the instrument is expected with 5.528% volatility is expected.

Pessimistic forecast: 173.87

Optimistic: 184.04


3M Company stock forecast for Aug 2024.
Estimated Average Forecasted 3M Company Price: 183.51. Positive monthly dynamics of the instrument is expected with 5.643% volatility is expected.

Pessimistic forecast: 180.43

Optimistic: 191.22


3M Company stock forecast for Sep 2024.
Estimated Average Forecasted 3M Company Price: 190.34. Positive monthly dynamics of the instrument is expected with 8.089% volatility is expected.

Pessimistic forecast: 181.66

Optimistic: 197.65


3M Company stock forecast for Oct 2024.
Estimated Average Forecasted 3M Company Price: 191.48. Positive monthly dynamics of the instrument is expected with 3.261% volatility is expected.

Pessimistic forecast: 187.46

Optimistic: 193.78


3M Company stock forecast for Nov 2024.
Estimated Average Forecasted 3M Company Price: 190.91. Negative monthly dynamics of the instrument is expected with 7.002% volatility is expected.

Pessimistic forecast: 182.54

Optimistic: 196.29


3M Company stock forecast for Dec 2024.
Estimated Average Forecasted 3M Company Price: 182.43. Negative monthly dynamics of the instrument is expected with 8.422% volatility is expected.

Pessimistic forecast: 173.78

Optimistic: 189.76



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