Embraer-Empresa Brasileira de Aeronautica (EMBJ) – What Are Researchers Saying About This Stock?

Shares of Embraer-Empresa Brasileira de Aeronautica (NYSE:EMBJ) have been assigned a consensus rating of “Buy” from the five research firms that are currently covering the company, Marketbeat reports. Four investment analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $85.00.

A number of research analysts recently issued reports on EMBJ shares. Weiss Ratings upgraded Embraer-Empresa Brasileira de Aeronautica from a “hold (c+)” rating to a “buy (b)” rating in a research note on Friday. Wall Street Zen raised shares of Embraer-Empresa Brasileira de Aeronautica from a “buy” rating to a “strong-buy” rating in a report on Sunday, August 23rd. Zacks Research upgraded shares of Embraer-Empresa Brasileira de Aeronautica from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, September 29th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Embraer-Empresa Brasileira de Aeronautica from $80.00 to $104.00 and gave the stock an “overweight” rating in a research note on Friday, August 14th.

Embraer-Empresa Brasileira de Aeronautica Stock Performance

Shares of EMBJ opened at $71.85 on Wednesday. The company has a quick ratio of 0.72, a current ratio of 1.44 and a debt-to-equity ratio of 0.61. The business has a 50-day simple moving average of $74.44 and a two-hundred day simple moving average of $66.64. The stock has a market cap of $12.98 billion, a price-to-earnings ratio of 28.68, a PEG ratio of 1.59 and a beta of 1.40. Embraer-Empresa Brasileira de Aeronautica has a 52 week low of $53.56 and a 52 week high of $80.75.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Bullock Wealth Management Group acquired a new position in shares of Embraer-Empresa Brasileira de Aeronautica in the 3rd quarter valued at $29,000. Ascentis Independent Advisors purchased a new position in shares of Embraer-Empresa Brasileira de Aeronautica during the 1st quarter worth $27,000. GAMMA Investing LLC acquired a new stake in shares of Embraer-Empresa Brasileira de Aeronautica during the 3rd quarter worth about $66,000. Farther Finance Advisors LLC acquired a new stake in shares of Embraer-Empresa Brasileira de Aeronautica during the 3rd quarter worth about $300,000. Finally, Nykredit A S acquired a new stake in shares of Embraer-Empresa Brasileira de Aeronautica during the 2nd quarter worth about $422,000. 34.65% of the stock is owned by hedge funds and other institutional investors.

Embraer-Empresa Brasileira de Aeronautica Company Profile

Embraer SA, formerly known as Empresa Brasileira de Aeronáutica, is a Brazilian aerospace company that designs, develops, manufactures and supports aircraft and related systems. Founded in 1969 and headquartered in São José dos Campos, Brazil, the company serves commercial, business aviation, defense and security, and agricultural aviation markets.

In commercial aviation, Embraer produces the E-Jets family, including the E2 series of small- and medium-sized passenger aircraft. Its executive aviation portfolio includes the Phenom and Praetor business jet families.