In a report released today, Christopher Glynn from Oppenheimer assigned a Hold rating to Emerson Electric Company (EMR). The company’s shares closed last Wednesday at $68.65.
According to TipRanks.com, Glynn is a 5-star analyst with an average return of 10.1% and a 61.3% success rate. Glynn covers the Industrial Goods sector, focusing on stocks such as Wesco International, Generac Holdings, and Acuity Brands.
Emerson Electric Company has an analyst consensus of Moderate Buy, with a price target consensus of $76.70, representing an 11.7% upside. In a report released today, Deutsche Bank also maintained a Hold rating on the stock with a $75.00 price target.
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The company has a one-year high of $78.38 and a one-year low of $37.75. Currently, Emerson Electric Company has an average volume of 2.63M.
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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 business segments: Automation Solutions and Commercial & Residential Solutions. The Automation Solutions segment offers products; software and technology; and engineering, project management, consulting services and integrated manufacturing solutions for precision measurement, control, monitoring, asset optimization, and safety and reliability of oil and gas reservoirs, manufacturing operations, and plants that process or treats various items. The Climate Technologies segment provides products and services for many areas of the climate control industry, including residential heating and cooling, commercial air conditioning, and commercial and industrial refrigeration. The Commercial & Residential Solutions segment sells tools for professionals and homeowners and appliance solutions, such as food waste disposer, ceiling fans, lighting, sensing and protection devices. The company was founded by Charles Meston and Alexander Meston on September 24, 1890 and is headquartered in St. Louis, MO.
