Analysts Have Mixed Ratings On Emerson Electric Co. (EMR), Alcon, Inc. (ALC)

    The shares of Emerson Electric Co. (NYSE:EMR) has been pegged with a rating of Hold by Argus in its latest research note that was published on August 13th, 2019. Argus wasn’t the only research firm that published a report of Emerson Electric Co., with other equities research analysts also giving their opinion on the stock. Citigroup advised investors in its research note published on April 8th, 2019, to Buy the EMR stock while also putting a $81 price target. The stock had earned Neutral rating from Citigroup when it published its report on January 14th, 2019. The stock was given Sector Perform rating by RBC Capital Mkts in its report released on January 4th, 2019. Credit Suisse was of a view that EMR is Outperform in its latest report on January 3rd, 2019. Barclays thinks that EMR is worth Equal Weight rating. This was contained in the firm’s report on December 17th, 2018 in which the stock’s price target was also moved to $71.

    Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 11 believe it has the potential for further growth, thus rating it as Hold while 7 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $69.24. The price of the stock the last time has raised by 5.08% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 38.91.

    The shares of the company dipped by -0.44% during the trading session on Thursday, reaching a low of $57.95 while ending the day at $58.20. During the trading session, a total of 2.18 million shares were traded which represents a 31.75% incline from the average session volume which is 3.19M shares. EMR had ended its last session trading at 58.46. Emerson Electric Co. currently has a market cap of $35.75B, while its P/E ratio stands at 18.51, while its P/E earnings growth sits at 1.95, with a beta of 1.38. Emerson Electric Co. debt-to-equity ratio currently stands at 0.71, while its quick ratio hovers at 0.90. EMR 52-week low price stands at $55.38 while its 52-week high price is $79.70.

    The company in its last quarterly report recorded $0.84 earnings per share which is below the $0.84 predicted by most analysts. The Emerson Electric Co. generated $4,570.00 million in revenue during the last quarter, which is slightly lower than the $4,643.26 million predicted by analysts. In the second quarter last year, the firm recorded $0.74 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 11.9%. Emerson Electric Co. has the potential to record 3.14 EPS for the current fiscal year, according to equities analysts.

    Investment analysts at BofA/Merrill published a research note on August 21st, 2019 where it informed investors and clients that Alcon, Inc. (NYSE:ALC) is now rated as Neutral. Their price target on the stock stands at $65. Citigroup also rated ALC as Upgrade on April 8th, 2019, with its price target of $81 suggesting that ALC could surge by 4.86% from its current share price. Even though the stock has been trading at $60.51/share, analysts expect it to surge higher by -1.29% to reach $62.78/share. It started the day trading at $60.90 and traded between $59.66 and $59.73 throughout the trading session.

    At the moment, only of Alcon, Inc. shares were sold short. The company’s average trading volume currently stands at 897.79K shares, which means that the short-interest ratio is just 1.67 days. Over the past seven days, the company moved, with its shift of 0.25%. Looking further, the stock has raised 1.58% over the past 90 days while it lost over the last six months.

    BlackRock Fund Advisors meanwhile bought more ALC shares in the recently filed quarter, changing its stake to $1,432,987,406 worth of shares.