In a report released today, Joshua Pokrzywinski from Morgan Stanley maintained a Buy rating on Emerson Electric Company (EMR), with a price target of $57.00. The company’s shares closed last Monday at $46.42, close to its 52-week low of $43.44.
According to TipRanks.com, Pokrzywinski is a 1-star analyst with an average return of -5.1% and a 37.9% success rate. Pokrzywinski covers the Industrial Goods sector, focusing on stocks such as Advanced Drainage Systems, Honeywell International, and Lennox International.
Currently, the analyst consensus on Emerson Electric Company is a Moderate Buy with an average price target of $75.78.
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Emerson Electric Company’s market cap is currently $28.73B and has a P/E ratio of 13.41. The company has a Price to Book ratio of 3.41.
Based on the recent corporate insider activity of 45 insiders, corporate insider sentiment is neutral 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.
