Analysts think 3M is fairly priced

3M's stock price seems, partly because of the recent share price rises, to be in line with most of the estimates. Most of the analysts say 3M is fairly priced now. Currently the company is being followed by 7 analysts. The average of the current target prices for the stock equals 207,43 USD. This is at around 0,6 percent less than the current price of 207,16 USD.

Target prices for 3M vary a lot

For this year 3M's revenue will be around 33,21 billion USD. This is according to the average of the analysts' estimates. This is slightly more than 2017's revenue of 32,77 billion USD.

Historical revenues and results 3M plus estimates 2018

The analysts expect for 2018 a net profit of 6,17 billion USD. According to most of the analysts the company will have a profit per share for this book year of 10,58 USD. Based on this the price/earnings-ratio is 19,58.

For this year most of the analysts expect a dividend of 5,76 USD per share. 3M's dividend yield thus equals 2,78 percent. The average dividend yield of the diversified companies is a poor 1 percent.

Latest estimates around 204 USD

3M's market capitalization is based on the number of outstanding shares around 123,24 billion USD. The 3M stock was the past 12 months quite volatile. Since last March the stock is 2 percent lower. This year the stock price moved between 177 and 222 dollar. Since 2008 the stock price is almost 312 percent higher.

Historical stock prices 3M

On Wednesday the stock closed at 207,16 USD.

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