Emerson Electric Sees Growth Ahead
Given that Emerson Electric (NYSE: EMR) had preannounced its fourth-quarter earnings a few weeks back, the focus of the earnings report was always going to be on forward-looking considerations such as guidance and orders in the quarter. Moreover, Emerson's confirmation that it had approached Rockwell Automation (NYSE: ROK) with a proposal to combine the businesses -- a potential deal often discussed in the investment community -- shines the spotlight even more brightly on Emerson's plans.
With that in mind, let's look at the earnings and guidance from the earnings report.
Emerson Electric's roots lie deep in the heart of U.S. manufacturing. Image source: Emerson Electric.
Source: Fool.com
Emerson Electric Company Stock
€101.52
2.060%
With 17 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
With a target price of 114 € there is a slightly positive potential of 12.29% for Emerson Electric Company compared to the current price of 101.52 €.
