UBS has increased its earnings per share (EPS) estimate for 3M (MMM, Financial) for 2025, raising it from $7.93 to $8.00 following the company's first quarter results. This adjustment comes as UBS analysts see potential for greater upside than previously expected, despite 3M maintaining its guidance range between $7.60 and $7.90.
The investment firm highlights that 3M is regaining market share, a trend supported by enhancements in order trends, on-time delivery, and anticipated organic growth. UBS maintains a Buy rating for 3M, setting a price target of $184 per share. The firm also continues to regard 3M as a leading choice amongst the stocks it covers across various sectors.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 15 analysts, the average target price for 3M Co (MMM, Financial) is $150.09 with a high estimate of $184.00 and a low estimate of $100.00. The average target implies an upside of 10.09% from the current price of $136.33. More detailed estimate data can be found on the 3M Co (MMM) Forecast page.
Based on the consensus recommendation from 19 brokerage firms, 3M Co's (MMM, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for 3M Co (MMM, Financial) in one year is $88.15, suggesting a downside of 35.34% from the current price of $136.33. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the 3M Co (MMM) Summary page.
