Impact of Brokerage Rating on Embraer-Empresa Brasileira de Aeronautica(ERJ)

Many Embraer-Empresa Brasileira de Aeronautica(ERJ) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Embraer SA (ADR) was Downgraded by UBS on Nov 22, 2016 to Sell, Lowers Price Target to $ 19 from a previous price target of $28 .

Embraer SA (ADR) Last issued its quarterly earnings results on Oct 31, 2016. The company reported $0.43 EPS for the quarter, beating the analyst consensus estimate by $ 0.18. Analyst had a consensus of $0.25. The company had revenue of $1514.30 million for the quarter, compared to analysts expectations of $1477.63 million. The companys revenue was up 17.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.60 EPS.

Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ) has received a short term rating of strong buy from experts at Zacks with a rank of 1. The stock has been rated an average of 2.4 by 10 Brokerage Firm. 4 Wall Street Firms have rated the stock as a strong buys. 5 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell.

Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ): The mean estimate for the short term price target for Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ) stands at $25.17 according to 9 Analysts. The higher price target estimate for the stock has been calculated at $29 while the lower price target estimate is at $19.

Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ) rose 0.93% or 0.22 points on Tuesday and made its way into the gainers of the day. After trading began at $23.6 the stock was seen hitting $23.81 as a peak level and $23.36 as the lowest level. The stock ended up at $23.78. The daily volume was measured at 708,066 shares. The 52-week high of the share price is $30.65 and the 52-week low is $17.06. The company has a market cap of $4,367 million.

Embraer Air is a customer-oriented company with experience in designing, manufacturing, selling, and supporting aircraft for the worlds commercial and defense markets. The company ranks among the four largest commercial aircraft manufacturers in the world with a well-established family of regional airliners, ranging from the 30-seat EMB 120 Brasilia turboprop to the 37-seat ERJ 135, the new 44-seat ERJ 140 and the 50-seat ERJ 145 jetliners. In addition, the company have launched a new family of jetliners – the ERJ 170, the ERJ 190-100 and ERJ 190-200.


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