Deutsche Bank raises target for 3M stock from USD 192.00 to USD 194.00

Published on 10/06/2026 at 13:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

3M posted adjusted sales of USD 6.50 billion in Q2 2026. 3M stock costs EUR 145.50 on October 6, 2026 versus EUR 145.40, plus 0.07 percent.

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3M stock (ISIN US88579Y1010) was trading at EUR 145.50 at Lang & Schwarz on October 6, 2026 at 12:54 p.m. CEST, up 0.07 percent versus the prior close of EUR 145.40. On September 30, 2026, Deutsche Bank raised its price target for 3M from USD 192.00 to USD 194.00 while maintaining a Hold rating, as MarketBeat reported.

Deutsche Bank lifts its target

The move places the new target USD 2.00 above the former objective, a 1.04 percent increase calculated from USD 192.00. The revised target also sits 6.42 percent above the Lang & Schwarz euro quote only as a separate currency context, so the two prices are not used for a direct valuation comparison.

MarketBeat said the broader view remained Hold, with seven Buy ratings, seven Hold ratings and one Sell rating among 15 analysts. Its average one-year target was USD 181.36, while Wells Fargo had initiated coverage at Equal Weight with a USD 195.00 target on September 24, 2026.

Second-quarter numbers set the baseline

3M's latest reported quarter ended June 30, 2026. According to 3M, adjusted sales were USD 6.50 billion, adjusted organic sales growth was 5.40 percent and adjusted earnings per share reached USD 2.40.

The same release reported GAAP sales of USD 6.50 billion, up 2.40 percent year over year, and a GAAP operating margin of 15.10 percent. The adjusted operating margin was 24.90 percent, giving investors a clear split between statutory profitability and the company's adjusted operating picture.

3M stock stays below its yearly high

The primary listing is on the NYSE in USD. The finance snapshot put 3M's market capitalization at USD 84.2 billion and its 52-week range at USD 139.34 to USD 184.90 as of October 5, 2026. The Lang & Schwarz quote therefore stood 21.31 percent below the 52-week high, using the euro quote and the high only as separately stated market references.

For investors, the next key comparison is whether the adjusted growth profile can support the valuation represented by the revised target while GAAP margins remain lower than adjusted margins.

Price and trading context

3M stock was trading at EUR 145.50 at Lang & Schwarz on October 6, 2026 at 12:54 p.m. CEST, plus 0.07 percent versus the Lang & Schwarz prior close of EUR 145.40. The further course of trading is shown by the continuously updated real-time quote of 3M stock.