Looking at top Wall Street opinions, 3M Company (NYSE: MMM) has recently made its way into the research list of Gordon Haskett – signaling that their analyst’s rating adjustment is noteworthy. This stock was downgraded to a rating of Hold in the eyes of Gordon Haskett, whereas its previous rating was Buy in the eyes of Gordon Haskett, as reported on Monday, April 29th, 2019. Another heavy-hitting research note was published by Argus on Friday April 26th, 2019, with this firm Initiated MMM to an updated rating of Hold. In the past six months and three months of trading, shares of 3M Company (MMM) have moved by -7.38% and -11.84%, respectively.
Brokerage Updates Related to 3M Company (MMM) Stock
This publicly-traded organization generated losses of -4.02% over the last 5 sessions. Right now, this stock is the subject of 18 analystsâ€™ evaluations, who – on average – have given this company’s shares a Buy rating. Of the latest market expert opinions, 2 have given an underperform rating, 2 has given a sell rating, and 1 have given a rating of Buy or better. Based on the 18 stock market experts following this company, the average 12-month price target is $204.44. Moreover, individual price targets range between $154.00-$231.00. With its recent move to $189.00, we can see that these firms project this stock will loss by -10.82% in one year.
Updates from 3M Company (MMM) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 0.10% rise since the beginning of the calendar year. A Exec Chairman at 3M Company (MMM) sold off some of its shares in a transaction that was finalized on Mar 29. Similarly, THULIN INGE G sold 5,485 shares of the organization’s stock at $208.54 apiece and racked up $1,143,855 in earnings from the sale. Now, THULIN INGE G holds 267,680 shares of the company following the exchange. A Exec Chairman of the organization named THULIN INGE G, was engaged in a transaction that occurred on Mar 29 that managed to be worth $1,256,702 from the sale of 6,034 common shares at a price of $208.27 per individual share.
3M Company (NYSE:MMM) Results in the Pipeline
The next scheduled release of financial results for 3M Company will be for the Mar-19 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be $2.49. In the same vein, they expect sales for the quarter to amount to $8,024.90 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $7,863.00 million in revenue alongside EPS at $2.23. On average, the analyst projection was calling for $7,945.00 million with $2.31 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $8,152.00 million, with earnings per share ending up at $2.58.
Cameco Corporation (NYSE:CCJ) experienced a drop of -2.19% from the closing price in the previous trading day. That drove the price to $10.29 per share, as observed on December 31st, 1969, at a time when the total trading volume reached 2,861,437 shares of stock – compared to the typical average of 1.82M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $10.86.
Pricing Indications for Cameco Corporation (CCJ)
This organization has had a price-to-earnings ratio of 32.98 in the last year. Meanwhile, it gained 11.63 from its observable 50-day simple moving average. Right at this moment, the per-share value is -9.76% lower than the mean per-share price over the last 200 days in the market.
Cameco Corporation (NYSE:CCJ) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 0 have a sell rating, 2 have a Buy rating, 3 have an outperform rating, while 3 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 0 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 2.40, based on information from Thomson Reuters.
CCJ Stock Value Potential
In trading activity as of late, this stock’s value was 11.40 up from its 200 day moving average, while also -11.79% down when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $15.25-$18.00. The market value for the entire organization reached 4.07B. In the last trading session, the price ended the day at $10.52. The institutional holdings related to this organization account for 0.20%, and the Beta factor is now 0.86. This company’s RSI (Relative Strength Index) managed to hit 25.81.
Cameco Corporation (NYSE:CCJ) Analyst Points of Focus
Cameco Corporation (CCJ) has found itself inside of TD Securities’s research list, so their analyst rating adjustment is worth taking note of. This stock was downgraded to Hold, compared to its previous rating of Buy by TD Securities, as garnered from a news report on Thursday May 2nd, 2019. An additional helpful research note was sent out by Scotia Howard Weil’s on Friday September 28th, 2018. The brokerage decided to upgrade CCJ to Sector Perform from its previous rating of Sector Underperform.