Bullish Sweepers and Large Money Flow Witnessed in 3M Company (MMM)

Shares of 3M Company (MMM) saw an erosion of -0.45 points in recent session. During the trading, the value of each share was $186.96, dropping -0.24%. The shares saw high fund-flow as the composite value of all the upticks was $58.29 million and the total value of all the downticks was a mere $48.88 million. The net money flow was seen at $9.41 million and the up/down ratio was measured at 1.19. On a weekly basis the shares of the shares has recorded a change of 2.19%.The block trade which occurred today had $13.91 million in upticks and $0 million in downticks with the up/down ratio climbing to 0. $13.91 million was the net money flow of the block transaction.

Stock price is down 0.8% since it reached the one year high price and is down $ -1.5 since then. The company shares are up 18.59% from one year low and is up $29.3 since then. The Stock has a 52 week low of $157.61 and one year high of $188.41.3M Company (NYSE:MMM) witnessed a decline in the market cap on Monday as its shares dropped 0.27% or 0.5 points. After the session commenced at $187.5, the stock reached the higher end at $187.55 while it hit a low of $186.375. With the volume soaring to 1,393,808 shares, the last trade was called at $186.91. The company has a 52-week high of $188.41. The company has a market cap of $111,436 million and there are 596,200,000 shares in outstanding. The 52-week low of the share price is $156.82.

Company shares have received an average consensus rating of Hold for the current week 3M Company is up 9.22% in the last 3-month period. Year-to-Date the stock performance stands at 5.35%. Shares of 3M Company rose by 2.16% in the last five trading days and 6.39% for the last 4 weeks.3M Co Last issued its quarterly earnings results on Jan 24, 2017. The company reported $1.88 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $1.87. The company had revenue of $7329.00 million for the quarter, compared to analysts expectations of $7338.29 million. The companys revenue was up .4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.80 EPS.

Company has reported several Insider transactions to the SEC, on Feb 15, 2017, Michael G. Vale (Executive Vice President) sold 10,440 shares at 181.68 per share price.On Feb 15, 2017, Joaquin Delgado (Executive Vice President) sold 1,142 shares at 181.62 per share price.On Feb 14, 2017, Paul A Keel (Senior Vice President) sold 8,440 shares at 181.24 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Stifel on Jan 25, 2017 to Hold, Raises Price Target to $ 190 from a previous price target of $187 .Company shares were Reiterated by Stifel on Dec 14, 2016 to Hold, Raises Price Target to $ 186 from a previous price target of $175 .Company shares were Upgraded by RBC Capital Mkts on Dec 7, 2016 to Sector Perform, Raises Price Target to $ 171 from a previous price target of $155.

3M Company is a diversified technology company with leading positions in consumer and office; display and graphics; electronics and telecommunications; health care; industrial abrasives; safety, security and protection services; transportation and other businesses. They are an integrated enterprise characterized by substantial intercompany cooperation in research, manufacturing and marketing of products.