Shares of Emerson Electric Company (EMR) Rise Above Previous 52-Week High

July 26, 2021 09:55:06

Emerson Electric Company (NYSE:EMR) traded today at a new 52-week high of $99.20. This new high was reached on below average trading volume as 156,000 shares traded hands, while the average 30-day volume is approximately 2.5 million shares.

In the past 52 weeks, shares of Emerson Electric Company have traded between a low of $60.78 and a high of $99.20 and is now at $97.97, which is 61% above that low price.

Based on a current price of $97.97, Emerson Electric Company is currently 8.1% above its average consensus analyst price target of $90.07.

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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