3M Company Is Showing Some Signs of Life
3M Company (NYSE: MMM) has never been a company whose earnings reports reveal an expansive business growing at a consistent and impressive pace. That was no different in the second quarter of 2017, when sales rose 1.9% to $7.8 billion and only one business segment posted growth above 2.5%.
But there are some positive signs for 3M in 2017. And they could help drive the stock higher this year.
Electronics are the big growth driver at 3M. Image source: Getty Images.
Source: Fool.com
3M Company Stock
€94.66
-0.700%
Based on 8 Buy predictions and 8 Sell predictions the sentiment towards 3M Company is rather balanced.
As a result the target price of 103 € shows a slightly positive potential of 8.81% compared to the current price of 94.66 € for 3M Company.