3 Things to Look Out for When 3M Co Reports Earnings
Given that 3M Co (NYSE: MMM) and its fellow multi-industrial company Illinois Tool Works Inc. (NYSE: ITW) trade at a premium compared to earnings multiples in the last decade (see below) there will be increased pressure on both companies to deliver in the coming quarters. Focusing on 3M, let's take a look at the three things investors need to look out for when the company reports earnings on Oct 24th.
ITW EV to EBITDA (TTM) data by YCharts.
Source: Fool.com
3M Company Stock
€95.64
0.330%
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 7.7% compared to the current price of 95.64 € for 3M Company.
