Embraer S.A. (NYSE:ERJ) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Embraer S.A. (NYSE:ERJ) have earned an average rating of “Moderate Buy” from the six ratings firms that are covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, four have given a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $40.50.

Several equities analysts recently commented on the stock. Bank of America upped their price target on shares of Embraer from $40.00 to $55.00 and gave the stock a “buy” rating in a research report on Thursday, November 21st. StockNews.com downgraded Embraer from a “buy” rating to a “hold” rating in a report on Thursday, February 6th. TD Cowen raised Embraer to a “strong-buy” rating in a research report on Thursday, December 19th. Finally, UBS Group lowered Embraer from a “neutral” rating to a “sell” rating and upped their price target for the stock from $29.00 to $32.00 in a research note on Tuesday, November 19th.

Embraer Trading Down 0.8 %

NYSE ERJ opened at $41.46 on Thursday. The company has a 50-day moving average of $38.73 and a 200-day moving average of $35.94. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.56 and a quick ratio of 0.76. Embraer has a 12 month low of $17.46 and a 12 month high of $46.10. The company has a market cap of $7.61 billion, a P/E ratio of 15.24 and a beta of 1.71.

Institutional Trading of Embraer

Large investors have recently added to or reduced their stakes in the stock. Thoroughbred Financial Services LLC boosted its position in shares of Embraer by 11.9% in the fourth quarter. Thoroughbred Financial Services LLC now owns 16,574 shares of the aerospace company’s stock worth $607,000 after buying an additional 1,762 shares during the period. Atlas Capital Advisors Inc. raised its holdings in shares of Embraer by 18.2% during the 4th quarter. Atlas Capital Advisors Inc. now owns 10,354 shares of the aerospace company’s stock valued at $380,000 after buying an additional 1,592 shares during the period. Trexquant Investment LP lifted its position in Embraer by 514.9% during the 4th quarter. Trexquant Investment LP now owns 211,168 shares of the aerospace company’s stock worth $7,746,000 after acquiring an additional 176,826 shares in the last quarter. Edmond DE Rothschild Holding S.A. boosted its holdings in Embraer by 71.9% in the 4th quarter. Edmond DE Rothschild Holding S.A. now owns 1,934 shares of the aerospace company’s stock worth $71,000 after acquiring an additional 809 shares during the period. Finally, Axiom Investors LLC DE grew its position in Embraer by 19.6% in the fourth quarter. Axiom Investors LLC DE now owns 772,282 shares of the aerospace company’s stock valued at $28,327,000 after acquiring an additional 126,500 shares in the last quarter. 34.65% of the stock is currently owned by institutional investors and hedge funds.

Embraer Company Profile

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.