Embraer SA (ADR) (NYSE:ERJ) has been upgraded to Outperform in a statement by Scotiabank earlier today.
- Updated: October 14, 2016
Scotiabank has upgraded Embraer SA (ADR) (NYSE:ERJ) to Outperform in a statement released on 10/14/2016.
Boasting a price of $17.98, Embraer SA (ADR) (NYSE:ERJ) traded 2.39% higher on the day. With the last stock price close down -11.22% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Embraer SA (ADR) has recorded a 50-day average of $18.24 and a two hundred day average of $20.74. Volume of trade was up over the average, with 1,672,102 shares of ERJ changing hands over the typical 1,425,310
With a total market value of $0, Embraer SA (ADR) has price-earnings ratio of 497.57 with a one year low of $17.06 and a one year high of $32.50 .
A total of 17 equity analysts have released a research note on ERJ. One equity analyst rating the company a strong buy, five equity analysts rating the company a buy, eleven equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $29.56.
Brief Synopsis About 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.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.