Analysts Set Embraer S.A. (NYSE:ERJ) PT at $23.80

Embraer S.A. (NYSE:ERJGet Free Report) has received a consensus rating of “Moderate Buy” from the five analysts that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1 year target price among analysts that have covered the stock in the last year is $26.80.

ERJ has been the subject of several recent research reports. StockNews.com downgraded shares of Embraer from a “buy” rating to a “hold” rating in a research note on Monday, March 18th. Morgan Stanley lifted their target price on shares of Embraer from $19.50 to $40.00 and gave the company an “overweight” rating in a research report on Thursday, March 14th. HSBC lowered shares of Embraer from a “buy” rating to a “hold” rating and boosted their price objective for the stock from $18.00 to $19.00 in a report on Tuesday, February 6th. Finally, The Goldman Sachs Group boosted their price objective on shares of Embraer from $21.00 to $35.00 and gave the stock a “buy” rating in a report on Friday.

View Our Latest Research Report on Embraer

Institutional Investors Weigh In On Embraer

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ERJ. Advisors Preferred LLC bought a new position in Embraer in the 4th quarter worth $28,000. PNC Financial Services Group Inc. bought a new position in Embraer in the 4th quarter worth $30,000. Allworth Financial LP bought a new position in Embraer in the 3rd quarter worth $26,000. Blue Trust Inc. raised its holdings in Embraer by 189.6% in the 4th quarter. Blue Trust Inc. now owns 2,563 shares of the aerospace company’s stock worth $47,000 after purchasing an additional 1,678 shares in the last quarter. Finally, Bruce G. Allen Investments LLC bought a new position in Embraer in the 4th quarter worth $47,000. 34.65% of the stock is currently owned by institutional investors.

Embraer Stock Up 8.1 %

ERJ opened at $26.74 on Monday. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.65 and a quick ratio of 0.80. The company’s 50-day moving average is $19.60 and its 200 day moving average is $17.21. Embraer has a fifty-two week low of $12.48 and a fifty-two week high of $26.92. The firm has a market capitalization of $4.91 billion, a P/E ratio of 30.04, a PEG ratio of 1.30 and a beta of 1.63.

Embraer Company Profile

(Get Free Report

Embraer SA designs, develops, manufactures, and sells aircraft and systems in North America, Latin America, the Asia Pacific, Brazil, Europe, and internationally. The company operates through Commercial Aviation; Defense & Security; Executive Aviation; Services & Support; and Other segments. The Commercial Aviation segment designs, develops, manufactures, and sells commercial jets, as well as leases aircraft.

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Analyst Recommendations for Embraer (NYSE:ERJ)

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