Emerson Electric Company (NYSE:EMR) traded at a new 52-week high today of $96.90. So far today approximately 689,000 shares have been exchanged, as compared to an average 30-day volume of 2.8 million shares.
Emerson Electric Company (NYSE:EMR) defies analysts with a current price ($96.86) 9.0% above its average consensus price target of $88.13.
Over the past year, Emerson Electric Company has traded in a range of $50.03 to $96.90 and is now at $96.86, 94% above that low.
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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