Citi analyst Andrew Kaplowitz maintained a Buy rating on Emerson Electric Company yesterday and set a price target of $165.00. The company’s shares closed yesterday at $132.94.
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According to TipRanks, Kaplowitz is a top 25 analyst with an average return of 28.3% and a 74.54% success rate. Kaplowitz covers the Industrials sector, focusing on stocks such as Trane Technologies, MasTec, and Aecom Technology.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Emerson Electric Company with a $146.79 average price target.
Based on Emerson Electric Company’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $4.55 billion and a net profit of $586 million. In comparison, last year the company earned a revenue of $4.38 billion and had a net profit of $329 million
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- Emerson downgraded to Equal Weight from Overweight at Wells Fargo
- Emerson Electric Co. Receives ‘Buy’ Rating Amid Strong EPS Performance and Positive Outlook Despite Regional Demand Challenges
- Promising Outlook for Emerson Electric: Buy Rating Affirmed Due to Anticipated Growth in T&M and Discrete Segments
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