Shares of 3M Company (NYSE:MMM) traded today at $208.95, eclipsing its 52-week high. So far today approximately 983,000 shares have been exchanged, as compared to an average 30-day volume of 2.2 million shares.
3M Company share prices have moved between a 52-week high of $208.95 and a 52-week low of $131.12 and are now trading 59% above that low price at $208.94 per share.
3M Company (NYSE:MMM) is currently priced 8.1% above its average consensus analyst price target of $192.10.
3M is a multinational conglomerate that has operated since 1902 when it was known as Minnesota Mining and Manufacturing. The company is well-known for its research and development laboratory, and the firm leverages its science and technology across multiple product categories. As of 2020, 3M is organized into four business segments: safety and industrial, transportation and electronics, healthcare, and consumer. Nearly 50% of the company’s revenue comes from outside the Americas, with the safety and industrial segment constituting a plurality of the firm’s net sales. Many of the company’s 60,000-plus products touch and concern a variety of consumers and end markets.
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