Analysts Give 3M Hold Rating, Average Price Target at $177

15 financial firms covering 3M Company (NYSE:MMM) have given it an average rating of 'Hold', according to Marketbeat. Of these, two analysts recommend selling, five hold, and eight suggest buying the stock.

The average price target among these brokerages is $177.2143 per share, based on their 12-month forecasts.

Recently, several analysts have updated their ratings for MMM shares. On July 22nd, Citigroup raised its target to $183.00 from $166.00 and gave the company a 'neutral' rating.

Weiss Ratings upgraded its rating of 3M from 'buy (b-)' to 'buy (b)', effective August 31st.