Embraer S.A. (ERJ) Has Double Top Trading At $24.93

June 29, 2018 - By Joe Cepeda

Embraer S.A. (NYSE:ERJ) Corporate Logo

Embraer S.A. (ERJ) chart makes a double top chart with $26.43 price target. That’s 6.00 % above today’s $24.93 price per share. The chart reviews low risk. Finviz.com announced the double top chart on Jun, 29. At $26.43 price target, the company’s valuation could be $270.00 million more.

Ticker’s shares touched $24.93 during the last trading session after 1.62% change.Currently Embraer S.A. is uptrending after 26.21% change in last June 29, 2017. ERJ has also 345,375 shares volume. ERJ outperformed the S&P 500 by 13.64%.

Investors expect Embraer S.A. (NYSE:ERJ)’s quarterly earnings on July, 27., Faxor reports. earnings per share of $0.45 is 32.84 % down from 2017’s $0.67 EPS. In case of $0.45 earnings per share ERJ’s profit could be $81.23 million. Wall Street sees -446.15 % EPS growth as of July, 27.

Embraer S.A. (NYSE:ERJ) Ratings Coverage

In total 3 analysts cover Embraer SA (NYSE:ERJ). “Buy” rating has 1, “Sell” are 0, while 2 are “Hold”. 33% are bullish. With $30 highest and $23.5 lowest price target Embraer SA has $27.17 average price target or 8.99% above the current ($24.93) price. 3 are the (NYSE:ERJ)’s analyst reports since January 22, 2018 according to StockzIntelligence Inc. In Friday, March 9 report Credit Suisse maintained the stock with “Outperform” rating. In Friday, March 9 report Scotia Capital maintained it with “Hold” rating and $23.5 target. On Monday, January 22 the stock of Embraer S.A. (NYSE:ERJ) has “Hold” rating given by Cowen & Co.

For more Embraer S.A. (NYSE:ERJ) news brought out briefly go to: Fool.com, Fool.com, Seekingalpha.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Boeing and Embraer Are Closing In on a Commercial Jet Alliance” brought out on June 19, 2018, “Can Delta Air Lines and Its Pilots Achieve a Win-Win?” on June 28, 2018, “Boeing presents at Bernstein Strategic Decisions Conference 2018” with a publish date: May 31, 2018, “Wall Street Breakfast: Risk Sentiment Sours Before G7 Summit” and the last “Bloomberg: Embraer, Boeing deal talks in final stage” with publication date: June 12, 2018.

Embraer S.A. (NYSE:ERJ) Analyst Ratings Chart

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