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MarketScreener Homepage  >  Equities  >  Nyse  >  3M Company    MMM

3M COMPANY

(MMM)
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3M : Settles 2 Florida Lawsuits Related to Effort Against Fraudulent Products

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05/22/2020 | 05:49pm EDT

By Josh Beckerman

 

3M Co., which has warned of fraud, price-gouging and counterfeiting of products including N95 masks during the coronavirus pandemic, said Friday that it settled two Florida lawsuits related to the issue.

The company said a suit against King Law Center, Chartered was "amicably resolved through a mutually beneficial agreement." Another suit against Ignite Capital Partners, Institutional Financial Sales LLC and Auta Lopes was settled after the parties conferred, and said the defendants "share an interest in reducing fraud and/or price-gouging and have jointly cooperated to reduce such activities."

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

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Financials (USD)
Sales 2020 30 741 M - -
Net income 2020 4 665 M - -
Net Debt 2020 13 931 M - -
P/E ratio 2020 20,3x
Yield 2020 3,62%
Capitalization 93 498 M 93 498 M -
EV / Sales 2019
EV / Sales 2020 3,49x
Nbr of Employees 96 163
Free-Float 60,8%
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Technical analysis trends 3M COMPANY
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TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
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Mean consensus HOLD
Number of Analysts 19
Average target price 160,29 $
Last Close Price 162,55 $
Spread / Highest target 28,0%
Spread / Average Target -1,39%
Spread / Lowest Target -22,5%
EPS Revisions
Managers
NameTitle
Michael F. Roman Chairman, President & Chief Executive Officer
Nicholas C. Gangestad Chief Financial Officer & Senior Vice President
John Patrick Banovetz CTO, Senior Vice President-Research & Development
Ty Silberhorn Senior Vice President-Information Technology
Michael L. Eskew Lead Independent Director
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