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3 Things to Look Out for When 3M Co Reports Earnings

TheMotleyFool 
0 0 19.10.17
3 Things to Look Out for When 3M Co Reports Earnings
 
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) Chart

ITW EV to EBITDA (TTM) data by YCharts.

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Source: Fool.com

3M Company Stock

€90.34
0.090%
With only a change of €0.080 (0.090%) the 3M Company price is nearly unchanged from yesterday.
The sentiment is rather negative at the moment with 9 Sell predictions and 2 Buy predictions.
A slightly negative potential of -11.45% at a current price of 90.34 € for 3M Company is the result of a target price of 80 €.
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