Will 3M Split Its Stock in 2018?
3M (NYSE: MMM) is one of the most wide-ranging conglomerates among the 30 stocks of the Dow Jones Industrials (DJINDICES: ^DJI). Many investors know 3M for its office supply products, but the company also makes key items for the energy, manufacturing, and healthcare industries and is a strong innovator in its field.
Investors in 3M have enjoyed strong gains over time, both through share-price appreciation and from dividend income. Yet one thing that 3M hasn't done for its shareholders in 15 years is to split its shares, and with the stock price having climbed precipitously in the past year, some believe that the conglomerate should make its move now. Let's take a closer look at 3M's past with an eye toward deciding whether 2018 could be the year a stock split finally happens.
3M has a long history of stock splits that dates back for nearly a century. Someone who owned a single share of 3M 100 years ago would have more than 3,000 shares of stock now because of all the times that 3M has split its shares.
Source: Fool.com
3M Company Stock
Currently there is a rather positive sentiment for 3M Company with 12 Buy predictions and 9 Sell predictions.
On the other hand, the target price of 110 € is below the current price of 114.24 € for 3M Company, so the potential is actually -3.71%.
