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Shares of Embraer SA (NYSE:ERJ) have received a consensus recommendation of “Hold” from the nine ratings firms that are currently covering the stock, American Banking reports. One investment analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and four have given a buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $40.18.

Shares of Embraer SA (NYSE:ERJ) opened at 39.10 on Tuesday. Embraer SA has a 52 week low of $28.31 and a 52 week high of $40.37. The stock has a 50-day moving average of $37.49 and a 200-day moving average of $34.92. The company has a market cap of $7.168 billion and a price-to-earnings ratio of 16.52.

Embraer SA (NYSE:ERJ) last announced its earnings results on Wednesday, April 30th. The company reported $0.09 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.23 by $0.14. Analysts expect that Embraer SA will post $2.47 EPS for the current fiscal year.

A number of analysts have recently weighed in on ERJ shares. Analysts at Deutsche Bank raised their price target on shares of Embraer SA from $40.00 to $44.00 in a research note on Monday, June 23rd. They now have a “buy” rating on the stock. Separately, analysts at Morgan Stanley reiterated an “overweight” rating on shares of Embraer SA in a research note on Tuesday, June 3rd. They now have a $41.10 price target on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Embraer SA in a research note on Friday, May 2nd. They now have a $36.00 price target on the stock.

Embraer SA is a Brazil-based holding company primarily engaged in the manufacture of aircrafts. The Company’s business activities are divided into three business segments: Commercial Aviation; Defense and Security Business, and Executive Aviation.

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