EMR - Shares of Emerson Electric Company (EMR) Rise to a New 52-Week High
Shares of Emerson Electric Company (NYSE:EMR) traded at a new 52-week high today of $100.95. So far today approximately 1.2 million shares have been exchanged, as compared to an average 30-day volume of 2.4 million shares.
In the past 52 weeks, Emerson Electric Company share prices are bracketed by a low of $60.78 and a high of $100.95 and is now at $100.70, 66% above that low price.
Emerson Electric Company (NYSE:EMR) is currently priced 9.3% above its average consensus analyst price target of $91.37.
Emerson Electric is a multi-industrial conglomerate that operates under two business platforms: Automation Solutions and Commercial and Residential Solutions. The latter is further subdivided into two operating segments: climate technologies, which sells HVAC and refrigeration products and services, as well as tools and home products, which sells tools and compressors, among other products and services. Commercial and residential solutions boasts several household brands, including Copeland, InSinkErator, and RIDGID. Automation solutions is most known for its process manufacturing solutions, which consists of measurement instrumentation, as well as valves and actuators, among other products and services. About half of the firm's geographic sales take place in the United States.
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