Analyst Revises Emerson Electric Company (NYSE:EMR) Stock Target


Emerson Electric Company (NYSE:EMR) mean price target has been set at $51.470 by Thomson Reuters. The group worked out on the stock recommendations given by analysts in the First Call poll. Further, it is possible that the company may register per share earnings of $0.560 in the near-term quarter and $2.930 for the ongoing fiscal. The market cap of Emerson Electric Company Common was recorded at $34.36B after the stock closed at $53.855 in last trading day.

What The Valuation Says?

The price/earnings ratio is taken in the list of ratios that leads to a stock’s valuation. Commonly named as P/E ratio, it helps investors know where the company stands in the market. It is derived by dividing share’s latest price by per-share earnings. Emerson Electric Company (NYSE:EMR) has a P/E ratio of 18.908. Investors can identify how the stock is doing in the market by estimating Price-to-Earnings Growth ratio.

Emerson Electric Company (NYSE:EMR) PEG ratio sits at 3.280. A low PEG ratio offers an investment opportunity to the opportunistic traders and investors. In case a stock has a reading in between 0 and 1, it represents undervalued stock. A reading of 1 and 2 represents fairly priced stocks.

Technical Perspective

The technical analysis of Emerson Electric Company Common visibly illustrates that the 50-day MA of Emerson Electric Company Common is $53.884, and stock is trading $-0.489 points away or -0.907% from its 50-day moving average of $53.884. Further it is trading $1.253 or +2.403% away its 200-day moving average of $52.142. Emerson Electric Company (NYSE:EMR) 52-week high is $56.820 and the 52-week low is $41.250. This represents that if the stock moves $-3.425 points up on the chart to it will make a 52-week high. But, if it declines +29.442%, then the shares price can hit a new 52-week low.

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