3M Stock Forecast: What Analysts Predict for 2024 and Beyond

Are you considering investing in 3M (MMM) stock?

This web story explores analyst predictions and potential future performance for the diversified industrial giant.

Current Price

$92.58 (as of February 28, 2024)

Average Analyst Price Target

$106.25

Is 3M Profitable company?

This translates to a potential upside of 14.77% in the next 12 months, based on the average of 8 analyst forecasts.

Analyst Predictions Range

$87.00 - $118.00

Consider these factors before investing

– Ongoing legal challenges related to PFAS chemicals. – Global economic uncertainties. – Competitive landscape in various industries.

3M: A Long-Term Play?

– While future performance is uncertain, 3M's diversified portfolio and potential for earnings growth might appeal to long-term investors who can withstand potential market fluctuations.

Disclaimer

This is for informational purposes only and should not be considered financial advice. Always conduct your own research before making any investment decisions.

Zscaler Stock Forecast