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The 3M company with ticker code (MMM) now has 18 analysts covering the stock with a consensus offering a “Hold” rating. The range between the high price target and the low price target is between 210 and 107, and it has an average target of 131.63. Now with the previous close price of 115.95 this now shows a potential upside of 13.5%. It has a 50-day moving average of 123.69 and the 200-day moving average is now moving at 142.51. The company’s market cap is $63,223 million. Visit the company website at: https://www.3m.com
The potential market cap would be $71,772 million based on the market consensus.
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The 3M Company operates as a diversified technology company worldwide. It operates in four segments: safety and industrial; Transport and Electronics; Healthcare; and user. The Safety and Industrial segment offers industrial abrasives and finishes for metalworking applications; body repair solutions; Closure systems for personal care products, masking and packaging materials; electrical products and materials for construction and maintenance, power distribution and original electrical equipment manufacturers; structural adhesives and tapes; respiratory, hearing, eye and fall protection solutions; and natural and colored mineral granules for herpes zoster. The transportation and electronics segment offers ceramic solutions; Adhesive tapes, films, sound and temperature control for vehicles; premium wide format graphic films for fleet advertising and signage; light control films and electronics assembly solutions; packaging and interconnect solutions; and reflective highway and vehicle safety signs. The Healthcare segment offers solutions for food safety indicators; software for coding healthcare procedures and reimbursement; skin care, wound and infection prevention products and solutions; solutions for dentistry and orthodontics; and filtration and purification systems. The consumer segment provides consumer bandages, braces, supports and consumer respirators; household cleaning products; retail abrasives, paint accessories, DIY car care products, picture hanging and consumer air quality solutions; and office products. It offers its products through e-commerce and traditional wholesalers, retailers, job merchants, distributors and dealers. The company was founded in 1902 and is based in St. Paul, Minnesota.
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