Cowen & Co. analyst Gautam Khanna maintained a Buy rating on Emerson Electric Company (NYSE: EMR) today and set a price target of $78. The company’s shares closed yesterday at $71.62, close to its 52-week high of $74.45.
According to TipRanks.com, Khanna is a 5-star analyst with an average return of 14.3% and a 81.4% success rate. Khanna covers the Consumer Goods sector, focusing on stocks such as Transdigm Group Inc, Huntington Ingalls, and ManTech.
Emerson Electric Company has an analyst consensus of Moderate Buy, with a price target consensus of $78.75.
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Emerson Electric Company’s market cap is currently $45.23B and has a P/E ratio of 25.81. The company has a Price to Book ratio of 5.33.
Based on the recent corporate insider activity of 51 insiders, corporate insider sentiment is negative on the stock.
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Emerson Electric Co. engages in the provision of measurement and analytical instrumentation; industrial valves and equipment; process control systems, and tools and appliance solutions for customers in a range of industrial, commercial, and consumer markets.
