RBC Capital Sticks to Its Sell Rating for 3M (MMM)

In a report released on April 7, Deane Dray from RBC Capital maintained a Sell rating on 3M, with a price target of $125.00. The company’s shares closed yesterday at $144.35.

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According to TipRanks, Dray is a 5-star analyst with an average return of 12.8% and a 60.32% success rate. Dray covers the Industrials sector, focusing on stocks such as Lennox International, nVent Electric, and Dover.

Currently, the analyst consensus on 3M is a Moderate Buy with an average price target of $174.89.

Based on 3M’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $6.13 billion and a net profit of $577 million. In comparison, last year the company earned a revenue of $6.01 billion and had a net profit of $728 million

Based on the recent corporate insider activity of 61 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of MMM in relation to earlier this year. Most recently, in February 2026, Theresa E Reinseth, the Sr VP & CAO of MMM sold 5,145.00 shares for a total of $888,795.58.