Embraer-Empresa Brasileira de Aeronautica (NYSE:EMBJ) Receives $67.29 Consensus PT from Analysts

Shares of Embraer-Empresa Brasileira de Aeronautica (NYSE:EMBJ) have earned an average rating of “Moderate Buy” from the nine research firms that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and six have issued a buy recommendation on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $67.2857.

Several brokerages recently issued reports on EMBJ. Scotiabank began coverage on Embraer-Empresa Brasileira de Aeronautica in a research report on Monday, June 8th. They set a “sector outperform” rating and a $81.00 target price for the company. JPMorgan Chase & Co. reduced their price target on Embraer-Empresa Brasileira de Aeronautica from $84.00 to $80.00 and set an “overweight” rating on the stock in a research report on Tuesday, May 12th. Zacks Research cut Embraer-Empresa Brasileira de Aeronautica from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 8th. Wall Street Zen downgraded Embraer-Empresa Brasileira de Aeronautica from a “buy” rating to a “hold” rating in a research report on Saturday, March 14th. Finally, Weiss Ratings lowered Embraer-Empresa Brasileira de Aeronautica from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, April 22nd.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Brighton Jones LLC bought a new stake in shares of Embraer-Empresa Brasileira de Aeronautica in the 4th quarter valued at $502,000. Navellier & Associates Inc. bought a new position in Embraer-Empresa Brasileira de Aeronautica during the fourth quarter worth $5,264,000. Quent Capital LLC acquired a new position in Embraer-Empresa Brasileira de Aeronautica in the fourth quarter valued at $2,446,000. Thoroughbred Financial Services LLC acquired a new position in Embraer-Empresa Brasileira de Aeronautica in the fourth quarter valued at $1,003,000. Finally, Burns Matteson Capital Management LLC bought a new stake in Embraer-Empresa Brasileira de Aeronautica during the fourth quarter valued at $641,000. Institutional investors own 34.65% of the company’s stock.

Embraer-Empresa Brasileira de Aeronautica Trading Down 0.0%

EMBJ opened at $64.10 on Monday. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.48 and a quick ratio of 0.73. Embraer-Empresa Brasileira de Aeronautica has a fifty-two week low of $46.54 and a fifty-two week high of $80.75. The company’s 50 day moving average price is $59.88 and its two-hundred day moving average price is $64.92. The firm has a market capitalization of $11.58 billion, a price-to-earnings ratio of 37.49, a PEG ratio of 1.54 and a beta of 1.43.

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.