Cowen and Company upgraded Embraer SA (ADR) (NYSE:ERJ) to Outperform in a statement released earlier today.
- Updated: October 17, 2016
Cowen and Company has upgraded Embraer SA (ADR) (NYSE:ERJ) to Outperform in a statement released on 10/18/2016.
Having a price of $18.87, Embraer SA (ADR) (NYSE:ERJ) traded 3.76% higher on the day. With the last stock price down -4.96% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. ERJ has recorded a 50-day average of $18.29 and a two hundred day average of $20.60. Trade Volume was down over the average, with 175,659 shares of ERJ changing hands under the typical 1,431,400
Recent Performance Chart
Embraer SA (ADR) has PE ratio of 529.19 with a one year low of $17.06 and a one year high of $32.50 and has a market capitalization of $0.
A total of 17 brokerages have issued a ratings update on Embraer SA (ADR). One brokerage rating the company a strong buy, five brokerages rating the company a buy, eleven brokerages rating the company a hold, one brokerage rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $29.56.
General Company Details For Embraer SA (ADR) (NYSE:ERJ)
Embraer SA is a Brazil-based company that produces aircraft for commercial and executive aviation, and for defense and security purposes and related services. The Company's segments include Commercial aviation business, Defense and security business, Executive Jet business and Other. Its Commercial Aviation business segment mainly involves the development, production and sale of commercial jets, and rendering of support services. Its Executive Aviation business segment markets its executive jets to companies, including fractional ownership companies, charter and air-taxi companies, and high-net-worth individuals. The Company's Defense and Security Business segment conceives, designs, develops, manufactures and supports a range of integrated solutions for the defense and security market. The Company's Other Related Businesses segment provides fuel systems, structural parts, and mechanical and hydraulic systems to Sikorsky Aircraft Corporation for its production of helicopters.
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