Shares of Embraer SA (NYSE:ERJ) have been assigned a consensus recommendation of “Hold” from the thirteen analysts that are presently covering the stock, Marketbeat reports. Three research analysts have rated the stock with a sell rating, four have given a hold rating, three have issued a buy rating and two have given a strong buy rating to the company. The average 1 year price target among brokers that have covered the stock in the last year is $22.20.

A number of brokerages recently commented on ERJ. ValuEngine upgraded shares of Embraer from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, November 22nd. TheStreet cut shares of Embraer from a “b-” rating to a “c” rating in a research report on Thursday, November 9th. Zacks Investment Research cut shares of Embraer from a “hold” rating to a “sell” rating in a research report on Thursday, November 2nd. Bank of America set a $27.00 price target on shares of Embraer and gave the company a “buy” rating in a research report on Wednesday, November 1st. Finally, J P Morgan Chase & Co cut shares of Embraer from an “overweight” rating to a “neutral” rating and set a $21.00 price target for the company. in a research report on Tuesday, October 31st.

Several large investors have recently made changes to their positions in ERJ. JFS Wealth Advisors LLC raised its holdings in shares of Embraer by 7.6% in the second quarter. JFS Wealth Advisors LLC now owns 6,659 shares of the aerospace company’s stock valued at $121,000 after buying an additional 470 shares during the last quarter. Global X Management Co. LLC raised its holdings in shares of Embraer by 2.3% in the second quarter. Global X Management Co. LLC now owns 7,521 shares of the aerospace company’s stock valued at $137,000 after buying an additional 169 shares during the last quarter. Seminole Management Co. Inc. purchased a new stake in shares of Embraer in the second quarter valued at about $182,000. Harel Insurance Investments & Financial Services Ltd. raised its holdings in shares of Embraer by 126.4% in the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 11,643 shares of the aerospace company’s stock valued at $204,000 after buying an additional 6,500 shares during the last quarter. Finally, Highbridge Capital Management LLC purchased a new stake in shares of Embraer in the third quarter valued at about $213,000. 50.09% of the stock is owned by institutional investors and hedge funds.

Shares of Embraer (NYSE:ERJ) traded down $0.13 during mid-day trading on Thursday, hitting $19.14. 1,005,860 shares of the company were exchanged, compared to its average volume of 1,238,760. The company has a current ratio of 2.67, a quick ratio of 1.73 and a debt-to-equity ratio of 1.05. The firm has a market capitalization of $3,550.00, a P/E ratio of 8.21, a P/E/G ratio of 0.63 and a beta of 0.34. Embraer has a 12-month low of $17.58 and a 12-month high of $24.95.

Embraer (NYSE:ERJ) last issued its earnings results on Friday, October 27th. The aerospace company reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.11. The firm had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.34 billion. Embraer had a net margin of 6.63% and a return on equity of 10.65%. equities analysts expect that Embraer will post 1.81 earnings per share for the current fiscal year.

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Embraer Company Profile

Analyst Recommendations for Embraer (NYSE:ERJ)

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