Analysts anticipate on less revenue 3M

Tomorrow American 3M will publish her results over the past quarter. For this year most of the analyst expect a total sales of 30,16 billion dollars. This is slightly lower than the 2015's revenue of 30,27 billion dollars.

Historical revenues and results 3M plus taxations 2016

For 2016 the analysts foresee a record net profit of 5,06 billion dollars. For the current year the consensus of the result per share is a profit of 8,22 dollars. Based on this the price/earnings-ratio equals 20,62.

The average of the dividends estimates is at 4,42 dollars. The dividend return consequently equals 2,61 percent. The average dividend of the diversified company equals 1,99 percent.

Most recent target prices around 166 dollars

The stock 3M is being covered by 6 fundamental analysts. The average target price for the stock is at 24,12 dollars. This is around 11 percent more than the current stock price of 169,5 dollars. Sanford C. Bernstein & Co, JP Morgan and RBC Capital Markets recently provided recommendations for the company.

Based on the number of outstanding shares 3M 's market capitalization equals 103,28 billion dollars.

Friday the stock closed at 169,5 dollars.

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