Emerson Electric Co. (NYSE:EMR) shares were up 0.10% on Friday when approximately 3.26M shares were traded, against the average daily trading volume of 2.98M. Analysts at Credit Agricole recently upgraded the stock to Underperform from Buy. Emerson Electric Co. (NYSE:EMR) has a consensus buy rating, according to Zacks Investment Research. 2 analyst has rated the stock with a sell rating, 11 have assigned a hold rating, Zero says it’s a buy, and 3 have assigned a strong buy rating to the company.
The 52-week price range is $41.11-$60.93 and the company has a market capitalization of $38.76 billion.
Emerson Electric Co. designs and manufactures products, and delivers services to industrial, commercial, and consumer markets worldwide. The companys Process Management segment offers systems and software; measurement and analytical instrumentation; valves, actuators, and regulators; industry services and solutions; and digital plant architecture solutions. It also provides consulting services for precision measurement, control, monitoring, asset optimization, and safety and reliability of oil and gas reservoirs and plants. This segment serves oil and gas, refining, chemicals, power generation, pharmaceuticals, food and beverages, pulp and paper, metal and mining, and municipal water supplies markets. Its Industrial Automation segment provides fluid power and control products; electrical distribution equipment; and materials joining and precision cleaning products, as well as hermetic motors. The companys Climate Technologies segment supplies compressors, temperature sensors and controls, thermostats, flow controls, and remote monitoring technology and services to residential heating and cooling, commercial air conditioning, commercial and industrial refrigeration, and marine control areas. Its Commercial & Residential Solutions segment provides tools for professionals and homeowners; home storage systems; and appliance solutions. The company was formerly known as The Emerson Electric Manufacturing Company and changed its name to Emerson Electric Co. in 2000. Emerson Electric Co. was founded in 1890 and is headquartered in St. Louis, Missouri.