Cowen & Co. analyst Cai Rumohr maintained a Hold rating on Embraer-empresa Brasileira De Aeronautica on Wednesday, setting a price target of $4, which is approximately 29.95% below the present share price of $5.71.
Rumohr expects Embraer-empresa Brasileira De Aeronautica to post earnings per share (EPS) of -$1.59 for the third quarter of 2020.
The current consensus among 1 TipRanks analysts is for a Hold rating of shares in Embraer SA (NYSE:ERJ), with an average price target of $4.
The analysts price targets range from a high of $4 to a low of $4.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $633.8 million and a net profit of -$50 million. The company's market cap is $1.03 billion.
According to TipRanks.com, Cowen & Co. analyst Cai Rumohr is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 6.6% and a 59.94% success rate.
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. The Commercial Aviation segment is involved in the development, production, and sale of commercial jets; and the provision of support services to regional aviation and aircraft leasing. The Defense and Security segment engages in research, development, production, modification, and support for defense and security aircrafts, as well as other integrated products and solutions including satellites and information and communication systems. The Executive Aviation segment deals with the development, manufacture, and sale of executive jets. The Others segment refers to the supply of structural parts and hydraulic systems and the production of agricultural sprayers. The company was founded by Ozires Silva on August 19, 1969 and is headquartered in Sao Jose dos Campos, Brazil.