Embraer-Empresa Brasileira de Aeronautica (NYSE:EMBJ – Get Free Report) has been given an average recommendation of “Moderate Buy” by the six brokerages that are covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $80.00.
EMBJ has been the topic of a number of analyst reports. Scotiabank started coverage on Embraer-Empresa Brasileira de Aeronautica in a research report on Monday, June 8th. They issued a “sector outperform” rating and a $81.00 price target on the stock. Weiss Ratings raised Embraer-Empresa Brasileira de Aeronautica from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday. JPMorgan Chase & Co. lifted their price objective on Embraer-Empresa Brasileira de Aeronautica from $80.00 to $104.00 and gave the company an “overweight” rating in a research note on Friday. Finally, Wall Street Zen raised Embraer-Empresa Brasileira de Aeronautica from a “hold” rating to a “buy” rating in a report on Saturday.
View Our Latest Stock Report on EMBJ
Hedge Funds Weigh In On Embraer-Empresa Brasileira de Aeronautica
Embraer-Empresa Brasileira de Aeronautica Price Performance
Shares of EMBJ opened at $77.22 on Tuesday. Embraer-Empresa Brasileira de Aeronautica has a fifty-two week low of $53.56 and a fifty-two week high of $80.75. The firm’s 50-day simple moving average is $65.61 and its two-hundred day simple moving average is $64.66. The stock has a market cap of $13.95 billion, a PE ratio of 31.26, a price-to-earnings-growth ratio of 1.76 and a beta of 1.44. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.72 and a current ratio of 1.44.
About Embraer-Empresa Brasileira de Aeronautica
Embraer SA (NYSE:EMBJ), legally known as Embraer – Empresa Brasileira de Aeronáutica SA, is a global aerospace company headquartered in São José dos Campos, Brazil. The company designs, develops, manufactures and sells commercial, executive, defence and agricultural aircraft. Embraer’s product portfolio includes the popular E-Jets family for regional and short-haul carriers, the advanced E2 series, a range of business jets under the Phenom, Legacy and Praetor brands, the A-29 Super Tucano military trainer and light attack aircraft, the C-390 Millennium multi-mission transport platform, and the Ipanema agricultural aircraft.
Embraer’s commercial aviation segment focuses on regional airlines and air taxi operators, offering aircraft that seat between 70 and 150 passengers.
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