In a report released today, Gautam Khanna from Cowen & Co. maintained a Buy rating on Emerson Electric Company (EMR), with a price target of $72.00. The company’s shares closed last Monday at $66.40.
According to TipRanks.com, Khanna is a 5-star analyst with an average return of 14.0% and a 73.4% success rate. Khanna covers the Consumer Goods sector, focusing on stocks such as Albany International Corp, L3Harris Technologies Inc, and Transdigm Group Inc.
Currently, the analyst consensus on Emerson Electric Company is a Moderate Buy with an average price target of $70.33, an 8.1% upside from current levels. In a report issued on September 26, Wolfe Research also maintained a Buy rating on the stock with a $72.00 price target.
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The company has a one-year high of $79.70 and a one-year low of $55.39. Currently, Emerson Electric Company has an average volume of 2.93M.
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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.
