J.P. Morgan analyst Stephen Tusa maintained a Sell rating on 3M Company (MMM) today and set a price target of $143.00. The company’s shares closed last Monday at $152.70, close to its 52-week low of $150.58.
According to TipRanks.com, Tusa is a 5-star analyst with an average return of 13.9% and a 78.0% success rate. Tusa covers the Industrial Goods sector, focusing on stocks such as Rockwell Automation Inc, Chart Industries, and General Electric.
The word on The Street in general, suggests a Hold analyst consensus rating for 3M Company with a $172.50 average price target, representing a 14.3% upside. In a report issued on October 3, Barclays also maintained a Sell rating on the stock with a $158.00 price target.
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3M Company’s market cap is currently $86.86B and has a P/E ratio of 18.24. The company has a Price to Book ratio of 8.61.
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3M Co. is a technology company, which manufactures industrial, safety and consumer products. It operates through the following five segments: Industrial, Safety & Graphics, Health Care, Electronics & Energy, and Consumer.
