Were Analysts Bearish Embraer S.A. (NYSE:ERJ) This Week?

June 14, 2018 - By Dolores Ford

Embraer S.A. (NYSE:ERJ) Logo

Embraer S.A. (NYSE:ERJ) Ratings Coverage

Among 3 analysts covering Embraer SA (NYSE:ERJ), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Embraer SA has $30 highest and $23.5 lowest target. $27.17’s average target is 2.64% above currents $26.47 stock price. Embraer SA had 4 analyst reports since December 22, 2017 according to SRatingsIntel. Cowen & Co maintained it with “Hold” rating and $28.0 target in Monday, January 22 report. The stock of Embraer S.A. (NYSE:ERJ) has “Hold” rating given on Friday, March 9 by Scotia Capital. Credit Suisse maintained Embraer S.A. (NYSE:ERJ) on Friday, March 9 with “Outperform” rating. As per Friday, December 22, the company rating was downgraded by Credit Suisse. Below is a list of Embraer S.A. (NYSE:ERJ) latest ratings and price target changes.

09/03/2018 Broker: Scotia Capital Rating: Hold New Target: $23.5 Maintain
09/03/2018 Broker: Credit Suisse Old Rating: Outperform New Rating: Outperform Old Target: $25 New Target: $30 Maintain
22/01/2018 Broker: Cowen & Co Rating: Hold New Target: $28.0 Maintain
22/12/2017 Broker: Credit Suisse Rating: Hold New Target: $25.0 Downgrade

The stock increased 0.38% or $0.1 during the last trading session, reaching $26.47. About 1.18M shares traded or 12.47% up from the average. Embraer S.A. (NYSE:ERJ) has risen 26.21% since June 14, 2017 and is uptrending. It has outperformed by 13.64% the S&P500.

Embraer S.A. designs, develops, manufactures, and sells aircraft and systems in Brazil, North America, Latin America, the Asia Pacific, Europe, and internationally. The company has market cap of $4.75 billion. It operates through Commercial Aviation, Executive Jets, Defense & Security, and Other Related Businesses divisions. It has a 20.62 P/E ratio. The Commercial Aviation segment develops, produces, and sells commercial jets; and provides support services, as well as leases aircraft.

More important recent Embraer S.A. (NYSE:ERJ) news were published by: Seekingalpha.com which released: “Boeing presents at Bernstein Strategic Decisions Conference 2018” on May 31, 2018, also Fool.com published article titled: “A Boeing-Embraer Deal Is Still Highly Likely”, Seekingalpha.com published: “Wall Street Breakfast: Risk Sentiment Sours Before G7 Summit” on June 08, 2018. More interesting news about Embraer S.A. (NYSE:ERJ) was released by: Seekingalpha.com and their article: “Bloomberg: Embraer, Boeing deal talks in final stage” with publication date: June 12, 2018.

Embraer S.A. (NYSE:ERJ) Ratings Chart

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