Emerson Electric Company (EMR) Receives a Hold from Oppenheimer


In a report released today, Christopher Glynn from Oppenheimer maintained a Hold rating on Emerson Electric Company (NYSE: EMR). The company’s shares closed yesterday at $71.62, close to its 52-week high of $74.45.

According to TipRanks.com, Glynn is a 5-star analyst with an average return of 11.4% and a 70.7% success rate. Glynn covers the Industrial Goods sector, focusing on stocks such as Honeywell International, Roper Technologies, and Eaton Corporation.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Emerson Electric Company with a $78.75 average price target.

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The company has a one-year high of $74.45 and a one-year low of $57.47. Currently, Emerson Electric Company has an average volume of 2.63M.

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.

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