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Stocklytics Platform
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Instrument logo  MMM

3M Co

MMM
46 / 100
S&P500
$91.44arrow_drop_down-0.45%-$0.42

Financial Forecast

AI Price Prediction

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Analyst Ratings

Analyst ratings for this stock instrument are based on analysts' assumptions and should not be solely relied upon for financial decisions.

3M Co (MMM) Stocklytics Forecast

3M Co (MMM) is a multinational conglomerate that operates in various sectors including industrial, safety and graphics, healthcare, electronics and energy. With its diverse product portfolio and strong presence in global markets, the company is well-positioned for future growth. In terms of stock price prediction, experts believe that MMM will continue to perform well in the coming years. Analysts forecast a steady increase in the stock price, driven by factors such as innovation, market expansion, and cost-saving initiatives. The company's strong financial position and commitment to research and development further support positive projections for MMM.

Looking specifically at the stock price forecast for 2023, analysts predict a further upward trend for MMM. This is attributed to several factors including the company's ongoing efforts to improve operational efficiency, optimize its portfolio, and enhance customer experience. Additionally, MMM's investments in technology and sustainability initiatives are expected to generate long-term value and contribute to stock price growth. Considering these factors, analysts have set a price target for MMM, indicating the level at which they expect the stock price to reach in 2023. While it is important to note that stock prices are influenced by various market factors and can be subject to volatility, MMM is considered a good buy based on analysts' ratings and its strong position in the industry.

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Frequently Asked Questions

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What is the analyst price prediction for 3M Co (MMM) stock?

Analysts have set a target price of $103.62 for 3M Co (MMM), based on forecasts from 29 analysts. The predicted price range extends from a high of $159 to a low of $83. This represents a potential increase of up to 73.09% and a decrease of -9.65% from the current price of $91.86. These forecasts are as of 2023 Apr 19.

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What are the analyst ratings for 3M Co (MMM) stock?

Currently, there are no analyst ratings available for 3M Co (MMM), possibly due to insufficient coverage or recent updates.

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What is the AI price prediction for 3M Co (MMM) stock?

At present, there is no AI or machine-learning-based price prediction available for 3M Co (MMM) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.

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