In a report released today, Cai Rumohr from Cowen & Co. maintained a Hold rating on Embraer SA (ERJ), with a price target of $24. The company’s shares closed yesterday at $19.63, close to its 52-week low of $17.99.
According to TipRanks.com, Rumohr is a 5-star analyst with an average return of 14.1% and a 70.7% success rate. Rumohr covers the Consumer Goods sector, focusing on stocks such as American Outdoor Brands Corp, General Dynamics Corp, and L3 Technologies Inc.
Currently, the analyst consensus on Embraer SA is a Hold with an average price target of $23.83.
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The company has a one-year high of $28.30 and a one-year low of $17.99. Currently, Embraer SA has an average volume of 876.2K.
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Embraer SA engages in the design, manufacture, and sale of aircraft and its parts for commercial, defense, and executive aviation sectors. It operates through the following segments: Commercial Aviation, Defense and Security, Executive Aviation, and Others.
