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Emerson Electric (EMR) Stock Forecast & Price Target

$111.44
+1.81 (+1.65%)
(As of 10/4/2024 08:49 PM ET)

Emerson Electric - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
1
Hold
4
Buy
12

Based on 17 Wall Street analysts who have issued ratings for Emerson Electric in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 17 analysts, 1 has given a sell rating, 4 have given a hold rating, and 12 have given a buy rating for EMR.

Consensus Price Target

$124.59
11.80% Upside
According to the 17 analysts' twelve-month price targets for Emerson Electric, the average price target is $124.59. The highest price target for EMR is $139.00, while the lowest price target for EMR is $103.00. The average price target represents a forecasted upside of 11.80% from the current price of $111.44.
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EMR Analyst Ratings Over Time

TypeCurrent Forecast
10/8/23 to 10/7/24
1 Month Ago
9/8/23 to 9/7/24
3 Months Ago
7/10/23 to 7/9/24
1 Year Ago
10/8/22 to 10/8/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
12 Buy rating(s)
13 Buy rating(s)
15 Buy rating(s)
14 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
3 Hold rating(s)
4 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$124.59$124.06$123.44$106.79
Forecasted Upside11.80% Upside26.34% Upside12.64% Upside12.36% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

EMR Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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EMR Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Emerson Electric Stock vs. The Competition

TypeEmerson ElectricIndustrial Products CompaniesS&P 500
Consensus Rating Score
2.65
2.58
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside11.80% Upside50.27% Upside7.04% Upside
News Sentiment Rating
Positive News

See Recent EMR News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
9/26/2024Oppenheimer
3 of 5 stars
 Boost TargetOutperform ➝ Outperform$120.00 ➝ $125.00+17.47%
9/6/2024Morgan Stanley
3 of 5 stars
 Initiated CoverageUnderweight$105.00+5.03%
8/14/2024JPMorgan Chase & Co.
3 of 5 stars
 DowngradeOverweight ➝ Neutral$132.00 ➝ $115.00+10.47%
8/8/2024Royal Bank of Canada
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 Lower TargetOutperform ➝ Outperform$140.00 ➝ $139.00+33.05%
8/8/2024Barclays
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 Lower TargetEqual Weight ➝ Equal Weight$110.00 ➝ $103.00-1.47%
8/8/2024Robert W. Baird
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 Boost TargetNeutral ➝ Neutral$116.00 ➝ $117.00+13.28%
8/8/2024Wells Fargo & Company
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 Lower TargetOverweight ➝ Overweight$137.00 ➝ $128.00+25.68%
7/8/2024Redburn Atlantic
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R. Radbourne
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Initiated CoverageBuy$135.00+23.33%
5/10/2024Loop Capital
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 Boost TargetBuy ➝ Buy$130.00 ➝ $135.00+16.83%
5/9/2024Mizuho
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 Boost TargetBuy ➝ Buy$130.00 ➝ $135.00+19.84%
5/9/2024Deutsche Bank Aktiengesellschaft
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 UpgradeHold ➝ Buy$123.00 ➝ $138.00+22.50%
4/8/2024Citigroup
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 Boost TargetBuy ➝ Buy$120.00 ➝ $133.00+15.97%
3/21/2024UBS Group
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 Boost TargetNeutral ➝ Neutral$95.00 ➝ $120.00+6.51%
3/6/2024Berenberg Bank
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 Boost TargetBuy ➝ Buy$100.00 ➝ $130.00+19.24%
3/4/2024Bank of America
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 Boost TargetBuy ➝ Buy$120.00 ➝ $130.00+20.21%
2/8/2024KeyCorp
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 Boost TargetOverweight ➝ Overweight$120.00 ➝ $125.00+20.07%
11/10/2023Stephens
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 Lower TargetOverweight ➝ Overweight$120.00 ➝ $105.00+21.39%
9/15/2023Vertical Research
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 UpgradeHold ➝ Buy$120.00+21.70%
8/28/2023Argus
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 UpgradeHold ➝ Buy$110.00+12.66%
6/14/2023HSBC
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 UpgradeHold ➝ Buy$79.00 ➝ $100.00+16.50%
5/4/2023888
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 Reiterated RatingBuy ➝ Buy
4/18/2023Wolfe Research
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 UpgradePeer Perform ➝ Outperform$103.00+18.97%
2/21/2023Cowen
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 Lower TargetOutperform$115.00 ➝ $105.00+22.89%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 06:28 AM ET.


Should I Buy Emerson Electric Stock? EMR Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, September 30, 2024. Please send any questions or comments about these Emerson Electric pros and cons to contact@marketbeat.com.

Emerson Electric
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Emerson Electric Co.:

  • Emerson Electric Co. has a strong track record of consistent dividend payments, providing investors with a reliable income stream.
  • Recent price performance shows resilience with a stable stock price, indicating potential stability in the company's operations.
  • Emerson Electric Co. has a diverse global presence, reducing exposure to regional economic fluctuations and enhancing long-term growth prospects.
  • The company's focus on technology and software solutions positions it well to capitalize on the increasing digitalization trends across industries.
  • Emerson Electric Co.'s moderate buy rating and consensus price target suggest positive sentiment and growth potential among analysts and investors.

Emerson Electric
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Emerson Electric Co. for these reasons:

  • Emerson Electric Co.'s stock price has been fluctuating, potentially indicating uncertainty or market volatility surrounding the company.
  • The company's debt-to-equity ratio of 0.27 may raise concerns about its leverage and financial risk, impacting investor confidence.
  • Emerson Electric Co. operates in industrial, commercial, and consumer markets, which could expose it to varying demand cycles and economic conditions.
  • Analysts have issued a sell rating on the stock, signaling potential challenges or risks that could affect the company's performance in the near term.
  • Emerson Electric Co.'s dividend payout ratio of 11.24% may limit its ability to reinvest in growth opportunities or withstand economic downturns.

EMR Forecast - Frequently Asked Questions

According to the research reports of 17 Wall Street equities research analysts, the average twelve-month stock price forecast for Emerson Electric is $124.59, with a high forecast of $139.00 and a low forecast of $103.00.

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Emerson Electric in the last twelve months. There is currently 1 sell rating, 4 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" EMR shares.

According to analysts, Emerson Electric's stock has a predicted upside of 11.80% based on their 12-month stock forecasts.

Over the previous 90 days, Emerson Electric's stock had 1 downgrade by analysts.

Emerson Electric has been rated by research analysts at Barclays, JPMorgan Chase & Co., Morgan Stanley, Oppenheimer, Robert W. Baird, Royal Bank of Canada, and Wells Fargo & Company in the past 90 days.

Analysts like Emerson Electric more than other "industrial products" companies. The consensus rating score for Emerson Electric is 2.65 while the average consensus rating score for "industrial products" companies is 2.58. Learn more on how EMR compares to other companies.


This page (NYSE:EMR) was last updated on 10/7/2024 by MarketBeat.com Staff
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