Credit Suisse Group AG disclosed Emerson Electric Co. (NYSE:EMR), hiking its stock price target to $57.00 earlier today
- Updated: September 17, 2016
Displaying a price of $52.92, Emerson Electric Co. (NYSE:EMR) traded 0.95% lower on the day. The last stock price close is down 4.19% from the two hundred day average, compared to the S&P 500 which has fallen -0.01% over the same time period. Emerson Electric Co. has registered a 50-day moving average of $53.74 and 200-day moving average of $53.32. 3,873,793 shares of EMR traded, up from ann average trading volume of 3,638,570
In a report released on 8/19/2016 Credit Suisse Group AG upped the target price of Emerson Electric Co. (NYSE:EMR) from $0 to $57 stating a possible upsideof 0.08%.
On 8/19/2016, Buckingham Research reported about Emerson Electric Co.(NYSE:EMR) dropped the target price from $49.00 to $44.00 that indicated a possible downside of -0.20%.
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A total of 20 brokers have reported on EMR. One firm rate the company a strong buy, three firms rate the stock a buy, 17 analyts rate the stock a hold, three analysts rate the company to underperform, and finally one analystrate the stock as sell with an average target of $53.35
Emerson Electric Co. has a 52 week low of $41.25 and a 52 week high of $56.82 with a PE ratio of 18 and has a market cap of $0.0.
More About Emerson Electric Co. (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, and storage products and appliance solutions.
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