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Emerson Electric Co has a consensus price target of $118.04 based on the ratings of 26 analysts. The high is $139 issued by RBC Capital on August 8, 2024. The low is $96 issued by Morgan Stanley on March 21, 2023. The 3 most-recent analyst ratings were released by Morgan Stanley, JP Morgan, and RBC Capital on September 6, 2024, August 14, 2024, and August 8, 2024, respectively. With an average price target of $119.67 between Morgan Stanley, JP Morgan, and RBC Capital, there's an implied 13.21% upside for Emerson Electric Co from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Emerson Electric (NYSE:EMR) was reported by Morgan Stanley on September 6, 2024. The analyst firm set a price target for $105.00 expecting EMR to fall to within 12 months (a possible -0.67% downside). 31 analyst firms have reported ratings in the last year.
The latest analyst rating for Emerson Electric (NYSE:EMR) was provided by Morgan Stanley, and Emerson Electric initiated their underweight rating.
The last upgrade for Emerson Electric Co happened on May 9, 2024 when Deutsche Bank raised their price target to $138. Deutsche Bank previously had a hold for Emerson Electric Co.
The last downgrade for Emerson Electric Co happened on August 14, 2024 when JP Morgan changed their price target from $132 to $115 for Emerson Electric Co.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Emerson Electric, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Emerson Electric was filed on September 6, 2024 so you should expect the next rating to be made available sometime around September 6, 2025.
While ratings are subjective and will change, the latest Emerson Electric (EMR) rating was a initiated with a price target of $0.00 to $105.00. The current price Emerson Electric (EMR) is trading at is $105.71, which is out of the analyst’s predicted range.
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