Looks like it is back to the $180 regions
Any reasons for the regained interests or is it planning to sell some businesses?
4 replies (most recent on top)
Advance 3M operating model is working!
We are hitting $200 again!
Looks like $190+ range is in the bag soon
Go Go Go 3M! and help my retirement portfolio
For a company with target EPS of 9.20 to 9.70 for 2021 and negative / zero growth over the last 4 years or so , share price of $180 ( P/E of > 18) is rather high. As a bonus for investors, think of the humongous PFAS liabilities ( probably tens of billions of $$$) that are due in the short to medium term future.
It will come down to $150 - 160 range in a short span of time. If the stock market tanks, it will slide down even further.
good recovery as it was looking bleak,, but watch out for q3 and q4 profits warning that will slide it below 160 again