3M (MMM) Gets Goldman Sachs Higher Rating; Liberty Media (L)’s Sentiment Is 1.31

October 25, 2017 - By Kurt Siggers

Among 13 analysts covering 3M (NYSE:MMM), 6 have Buy rating, 3 Sell and 4 Hold. Therefore 46% are positive. 3M has $250 highest and $135 lowest target. $194.77’s average target is -17.00% below currents $234.65 stock price. 3M had 58 analyst reports since July 24, 2015 according to SRatingsIntel. The stock has “Buy” rating by Barclays Capital on Friday, April 28. Morgan Stanley maintained it with “Underweight” rating and $157 target in Wednesday, March 30 report. Stifel Nicolaus maintained 3M Co (NYSE:MMM) rating on Wednesday, April 26. Stifel Nicolaus has “Hold” rating and $202 target. The company was upgraded on Monday, October 24 by Barclays Capital. The firm has “Underperform” rating by RBC Capital Markets given on Tuesday, August 4. The rating was initiated by Citigroup on Thursday, January 21 with “Buy”. The stock of 3M Co (NYSE:MMM) earned “Buy” rating by Citigroup on Tuesday, April 19. RBC Capital Markets maintained 3M Co (NYSE:MMM) on Friday, July 24 with “Underperform” rating. Jefferies maintained 3M Co (NYSE:MMM) rating on Monday, May 29. Jefferies has “Buy” rating and $219 target. The firm earned “Buy” rating on Friday, May 26 by Jefferies.

Loews Corporation is a holding company. The company has market cap of $16.33 billion. The Company, through its subsidiaries, is engaged in commercial property and casualty insurance; operation of offshore gas and oil drilling rigs; transportation and storage of natural gas and natural gas liquids, and operation of a chain of hotels. It has a 14.33 P/E ratio. The Firm has five divisions consisted of its four individual operating subsidiaries, CNA Financial Corporation , Diamond Offshore Drilling, Inc. (Diamond Offshore), Boardwalk Pipeline Partners, LP (Boardwalk Pipeline) and Loews Hotels Holding Corporation (Loews Hotels), and the Corporate segment.

Mraz Amerine & Associates Inc. holds 4.5% of its portfolio in Loews Corporation for 309,019 shares. America First Investment Advisors Llc owns 252,569 shares or 4.4% of their US portfolio. Moreover, Eubel Brady & Suttman Asset Management Inc has 3.63% invested in the company for 254,269 shares. The Arkansas-based Greenwood Gearhart Inc has invested 2.89% in the stock. Lafayette Investments Inc., a Maryland-based fund reported 164,648 shares.

It closed at $48.51 lastly. It is down 15.12% since October 25, 2016 and is uptrending. It has underperformed by 1.58% the S&P500.

Analysts await Loews Corporation (NYSE:L) to report earnings on October, 30. They expect $0.73 earnings per share, down 24.74% or $0.24 from last year’s $0.97 per share. L’s profit will be $245.74 million for 16.61 P/E if the $0.73 EPS becomes a reality. After $0.76 actual earnings per share reported by Loews Corporation for the previous quarter, Wall Street now forecasts -3.95% negative EPS growth.

It closed at $234.65 lastly. It is down 18.59% since October 25, 2016 and is uptrending. It has outperformed by 1.89% the S&P500.

Since May 3, 2017, it had 0 insider purchases, and 4 selling transactions for $6.59 million activity. Shares for $256,388 were sold by Lindekugel Jon T on Wednesday, May 3. 14,766 shares were sold by McGrath Marlene Mary, worth $2.88 million on Thursday, May 18. $2.86 million worth of 3M Co (NYSE:MMM) shares were sold by Bauman James L. On Thursday, May 4 Price Kimberly F sold $597,500 worth of 3M Co (NYSE:MMM) or 3,016 shares.

Investors sentiment increased to 0.91 in 2017 Q2. Its up 0.10, from 0.81 in 2017Q1. It increased, as 45 investors sold 3M Co shares while 589 reduced holdings. 131 funds opened positions while 449 raised stakes. 387.02 million shares or 0.60% more from 384.71 million shares in 2017Q1 were reported. Athena Capital Advisors Limited reported 1,241 shares. Sentinel Tru Company Lba, a Texas-based fund reported 1,100 shares. The Hong Kong-based Point72 Asia (Hong Kong) Limited has invested 0.11% in 3M Co (NYSE:MMM). London Of Virginia holds 1,730 shares or 0% of its portfolio. Weatherstone Capital Mgmt stated it has 2,179 shares or 0.3% of all its holdings. Bingham Osborn & Scarborough Limited Liability Com owns 1,798 shares for 0.04% of their portfolio. Caz Invs Limited Partnership stated it has 1.52% in 3M Co (NYSE:MMM). Kornitzer Capital Mngmt Ks holds 0.48% or 132,688 shares. Bbva Compass Comml Bank Inc reported 44,592 shares stake. Edgar Lomax Co Va holds 81,067 shares or 1.15% of its portfolio. Mitchell Mcleod Pugh And Williams Inc owns 1,974 shares. Anchor Capital Advsr Ltd Llc holds 0.7% of its portfolio in 3M Co (NYSE:MMM) for 91,552 shares. Headinvest Ltd Liability Corporation owns 43,349 shares. Summit Financial Wealth Advsr Ltd Limited Liability Company reported 23,710 shares stake. Caprock Gru, a Idaho-based fund reported 9,756 shares.

3M Company is a technology company. It operates through five divisions. The company has market cap of $140.03 billion. The Industrial segment serves a range of markets, such as automotive original equipment maker and automotive aftermarket, , appliance, paper and printing, packaging, food and beverage, and construction. It has a 26.19 P/E ratio. The Safety and Graphics segment serves a range of markets for the safety, security and productivity of people, facilities and systems.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Twitter Auto Publish Powered By : XYZScripts.com