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Emerson (NYSE:EMR) price target bumped down to $44.00, released a ratings update earlier today by UBS

Displaying a price of $50.79, Emerson (NYSE:EMR) traded -0.91% lower on the day. With the last stock close price down -5.67% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same period. EMR has recorded a 50-day moving average of $52.55 and a 200-day moving average of $53.36. 2,216,863 shares of the stock were exchanged, down from an avg. volume of 3,569,820

Emerson (NYSE:EMR) had its target dropped to $44.00 by UBS in an issued report announced 10/12/2016. The latest stock price target implies a potential downside of -0.13% based on the company's most recent stock price close.

On 10/10/2016, Vetr Inc. released a statement on Emerson (NYSE:EMR) increased the target price from $0.00 to $47.31. At the time, this indicated a possible downside of -0.10%.

Recent Performance Chart

Emerson (NYSE:EMR)

With a total market value of $0, Emerson has 52 week low of $41.25 and a one year high of $56.82 with a price-earnings ratio of 17.82 .

In addition to UBS reporting its target price, a total of 20 firms have reported on Emerson. The 12-month price target is $53.35 with one equity analyst rating the stock a strong buy, 3 brokerages rating the stock a buy, 17 firms rating the stock a hold, 3 equity analysts rating the company a underperform, and lastly one firm rating the stock a sell.

More 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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