A statement released earlier today by Berenberg about Emerson (NYSE:EMR) bumps the target price to $41.00
- Updated: October 3, 2016
Boasting a price of $54.51, Emerson (NYSE:EMR) traded 2.81% higher on the day. With the last stock price close up 2.05% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Emerson has recorded a 50-day average of $52.81 and a two hundred day average of $53.41. Volume of trade was up over the average, with 7,460,094 shares of EMR changing hands over the typical 3,533,520
Berenberg bumped up the target of Emerson (NYSE:EMR) to $41.00 stating a potential downside of -0.25%.
On 8/19/2016, Credit Suisse Group AG released a statement for Emerson (NYSE:EMR) bumped up the target price from $0.00 to $57.00 that suggested an upside of 0.08%.
With a total market value of $0, Emerson has price-earnings ratio of 19.30 with a one year low of $41.25 and a one year high of $56.82 .
A total of 20 equity analysts have released a ratings update on EMR. One equity analyst rating the company a strong buy, three equity analysts rating the company a buy, seventeen equity analysts rating the company a hold, three equity analysts rating the company a underperform, and finally one equity analyst rating the company a sell with a one year target of $53.35.
Brief Synopsis About Emerson (NYSE:EMR)
Emerson Electric Co. is engaged in offering technology and engineering together that provides solutions for customers in industrial, commercial, and consumer markets around the world. The company operates through five business segments: Process Management, Industrial Automation, Network Power, Climate Technologies, and Commercial & Residential Solutions. The Process Management segment provides measurement, control and diagnostic capabilities for automated industrial processes. The Industrial Automation segment provides integrated manufacturing solutions to its customers at the source of manufacturing their own products. The Network Power segment designs, manufactures, installs and maintains products providing grid-to-chip electric power conditioning. The Climate Technologies segment provides products and services for the climate control industry. The Company's Commercial & Residential Solutions segment offers a range of tools, storage products and appliance solutions.
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