Stephens Reaffirms Their Buy Rating on Emerson Electric Company (EMR)


Stephens analyst Robert McCarthy reiterated a Buy rating on Emerson Electric Company (EMR) on January 3 and set a price target of $68. The company’s shares closed on Friday at $59.72.

According to TipRanks.com, McCarthy is a 5-star analyst with an average return of 11.8% and a 67.9% success rate. McCarthy covers the Industrial Goods sector, focusing on stocks such as Rockwell Automation Inc, Lennox International, and Roper Technologies.

Currently, the analyst consensus on Emerson Electric Company is a Moderate Buy with an average price target of $74, which is a 23.9% upside from current levels. In a report issued on December 19, RBC Capital also reiterated a Buy rating on the stock with a $68 price target.

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Emerson Electric Company’s market cap is currently $37.58B and has a P/E ratio of 17.23. The company has a Price to Book ratio of 4.20.

Based on the recent corporate insider activity of 38 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 & equipment; process control systems, tools & appliance solutions for customers in a range of industrial, commercial and consumer markets. It operates through the following segments: Automation Solutions and Commercial & Residential Solutions.