Brokerage Firm Rating Update on Emerson Electric Company (EMR)

Emerson Electric Company (EMR) : 3 brokerage houses believe that Emerson Electric Company (EMR) is a Strong Buy at current levels. 10 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Emerson Electric Company (EMR). Zacks Investment Research suggests a Strong Sell with a rank of 5. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock. 2 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 16 Wall Street Analysts endorse the stock as a Hold with a rating of 2.94.

Emerson Electric Company (EMR) : The highest short term price target forecast on Emerson Electric Company (EMR) is $58 and the lowest target price is $43. A total of 12 equity analysts are currently covering the company. The average price of all the analysts is $50.17 with a standard deviation of $4.22.


Company shares have received an average consensus rating of Hold for the current week Also, Brokerage firm Credit Suisse downgrades its rating on Emerson Electric Company (NYSE:EMR). In a research note issued to the investors, the brokerage major maintains price-target of $57 per share.The shares have been rated Neutral. Previously, the analysts had a Outperform rating on the shares. The rating by the firm was issued on August 19, 2016.

Emerson Electric Company (NYSE:EMR): The stock opened at $52.56 and touched an intraday high of $52.85 on Wednesday. During the day, the stock corrected to an intraday low of $52.43, however, the bulls stepped in and pushed the price higher to close in the green at $52.79 with a gain of 0.44% for the day. The total traded volume for the day was 2,283,165. The stock had closed at $52.56 in the previous trading session.

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 Companys Commercial & Residential Solutions segment offers a range of tools, storage products and appliance solutions.

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