In a report issued on May 5, Brett Linzey from Mizuho Securities maintained a Hold rating on Emerson Electric Company (EMR – Research Report), with a price target of $100.00. The company’s shares closed last Friday at $88.01.
According to TipRanks.com, Linzey is a 1-star analyst with an average return of -1.3% and a 40.7% success rate. Linzey covers the Industrial Goods sector, focusing on stocks such as Honeywell International, Lennox International, and Zurn Water Solutions.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Emerson Electric Company with a $105.75 average price target, implying a 19.0% upside from current levels. In a report issued on May 4, Robert W. Baird also maintained a Hold rating on the stock with a $106.00 price target.
Emerson Electric Company’s market cap is currently $53B and has a P/E ratio of 18.65.
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Emerson Electric Co. engages in the designing and manufacturing of engineering and technology products for industrial, commercial, and consumer markets worldwide. It offers measurement and analytical instrumentation, industrial solutions, actuators and regulators, valves, and process control systems and solutions. The company also provides products and services used in industrial and commercial refrigeration, commercial air conditioning, residential cooling and heating, and cold chain management.
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