In a report released today, Robert Spingarn from Credit Suisse maintained a Buy rating on Embraer SA (NYSE: ERJ), with a price target of $27. The company’s shares closed yesterday at $18.65, close to its 52-week low of $18.29.
According to TipRanks.com, Spingarn is a 5-star analyst with an average return of 15.9% and a 71.8% success rate. Spingarn covers the Consumer Goods sector, focusing on stocks such as General Dynamics Corp, L3 Technologies Inc, and Transdigm Group Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Embraer SA with a $29.38 average price target.
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The company has a one-year high of $28.55 and a one-year low of $18.29. Currently, Embraer SA has an average volume of 1.3M.
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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.
