Deutsche Bank Aktiengesellschaft Issues Pessimistic Forecast for 3M (NYSE:MMM) Stock Price

3M (NYSE:MMM) had its target price reduced by equities research analysts at Deutsche Bank Aktiengesellschaft from $181.00 to $171.00 in a report released on Wednesday,MarketScreener reports. The brokerage currently has a “hold” rating on the conglomerate’s stock. Deutsche Bank Aktiengesellschaft’s price objective would indicate a potential upside of 18.05% from the company’s current price.

Other research analysts have also recently issued research reports about the company. Morgan Stanley boosted their price objective on 3M from $160.00 to $165.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 21st. UBS Group restated a “buy” rating on shares of 3M in a research note on Friday, March 13th. Wolfe Research reduced their price objective on 3M from $205.00 to $186.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 8th. Royal Bank Of Canada reduced their price objective on 3M from $134.00 to $133.00 and set an “underperform” rating on the stock in a research note on Wednesday. Finally, Jefferies Financial Group reduced their price objective on 3M from $180.00 to $160.00 and set a “hold” rating on the stock in a research note on Monday, March 30th. Five analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $171.17.

3M Trading Down 0.6%

Shares of MMM opened at $144.86 on Wednesday. The stock’s 50-day moving average is $153.13 and its two-hundred day moving average is $160.11. The stock has a market cap of $75.55 billion, a PE ratio of 27.91, a P/E/G ratio of 2.11 and a beta of 1.09. 3M has a 12 month low of $134.85 and a 12 month high of $177.41. The company has a debt-to-equity ratio of 3.29, a current ratio of 1.59 and a quick ratio of 1.33.

3M (NYSE:MMM) last issued its quarterly earnings data on Tuesday, April 21st. The conglomerate reported $2.14 EPS for the quarter, topping analysts’ consensus estimates of $1.98 by $0.16. The company had revenue of $6 billion for the quarter, compared to analysts’ expectations of $6.04 billion. 3M had a return on equity of 104.75% and a net margin of 11.14%.The firm’s quarterly revenue was up 1.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.88 earnings per share. 3M has set its FY 2026 guidance at 8.500-8.700 EPS. Equities analysts forecast that 3M will post 8.69 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CAO Theresa E. Reinseth sold 5,145 shares of the business’s stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $172.75, for a total value of $888,798.75. Following the completion of the sale, the chief accounting officer directly owned 2,585 shares of the company’s stock, valued at $446,558.75. The trade was a 66.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.19% of the stock is currently owned by corporate insiders.

Institutional Trading of 3M

Hedge funds and other institutional investors have recently bought and sold shares of the company. L & S Advisors Inc increased its holdings in 3M by 32.2% in the third quarter. L & S Advisors Inc now owns 58,316 shares of the conglomerate’s stock valued at $9,049,000 after buying an additional 14,204 shares during the last quarter. SG Americas Securities LLC increased its holdings in 3M by 806.1% in the fourth quarter. SG Americas Securities LLC now owns 314,460 shares of the conglomerate’s stock valued at $50,345,000 after buying an additional 279,757 shares during the last quarter. Inspire Trust Co. N.A. increased its holdings in 3M by 21.9% in the third quarter. Inspire Trust Co. N.A. now owns 39,000 shares of the conglomerate’s stock valued at $6,052,000 after buying an additional 7,000 shares during the last quarter. Allstate Corp bought a new stake in 3M in the third quarter valued at about $3,087,000. Finally, First Bank & Trust bought a new stake in 3M in the fourth quarter valued at about $828,000. 65.25% of the stock is owned by institutional investors.

3M News Summary

Here are the key news stories impacting 3M this week:

• Positive Sentiment: HSBC raised its price target to $185 and kept a Buy rating, signaling sizable upside vs. current levels and supporting upside expectations. MarketScreener
• Positive Sentiment: Wells Fargo bumped its target to $165 and maintained an Overweight rating, another upward revision that lends support to the stock. Benzinga
• Positive Sentiment: Jefferies raised its target to $170 (Hold), part of a cluster of raises that reflect confidence in operational improvements and margin progress. MarketScreener
• Positive Sentiment: Analyst commentary/coverage (Seeking Alpha) upgraded the tone to “Time To Start Nibbling,” highlighting the EPS beat, cash flow improvements and a potentially attractive entry point for long-term investors. Seeking Alpha
• Positive Sentiment: Q1 deep-dive coverage notes 3M beat non-GAAP EPS ($2.14 vs. consensus ~$1.98) and cited productivity gains and strategic moves; revenue was roughly flat (~$6.0B). The operational beat supports management’s FY guidance. Yahoo Finance
• Neutral Sentiment: JPMorgan trimmed its target slightly to $178 and kept a Neutral rating — a small downgrade in target but no change in conviction, suggesting mixed analyst views rather than a broad negative shift. MarketScreener
• Neutral Sentiment: Deutsche Bank cut its target to $171 but kept a Hold — another modest reset that reflects tempered upside while leaving longer-term fundamentals intact. MarketScreener
• Negative Sentiment: RBC lowered its target to $133 and kept an Underperform rating, the most bearish call among recent notes — this raises near-term selling pressure and contributes to the stock’s decline. MarketScreener

About 3M

3M Company, originally founded in 1902 as the Minnesota Mining and Manufacturing Company, is a diversified global technology and manufacturing firm headquartered in St. Paul, Minnesota. Over its history the company has expanded from mineral mining into a broad portfolio of industrial, safety, healthcare and consumer products, building a reputation for applied science and product innovation across many end markets.

3M’s businesses span a wide range of product categories including adhesives and tapes, abrasives, filtration and separation technologies, personal protective equipment such as respirators, medical and dental products, industrial and automotive solutions, and a suite of consumer brands (for example, well-known office and home products).