Shares of Embraer S.A. (NYSE:ERJ) traded today at $12.68, eclipsing its 52-week high. Approximately 1.5 million shares have changed hands today, as compared to an average 30-day volume of 3.2 million shares.
There is potential upside of 21.9% for shares of Embraer S.A. based on a current price of $12.66 and an average consensus analyst price target of $15.44.
In the past 52 weeks, Embraer S.A. share prices are bracketed by a low of $3.96 and a high of $12.68 and is now at $12.66, 220% above that low price.
Embraer SA based in Sao Paulo, Brazil, Embraer manufactures regional aircraft, business jets, and defense and security products. The company also offers a range of services to support its installed base of hardware. Its defense and security business is currently focused on developing the KC-390 military transport aircraft. The company also produces aircraft systems and structural components. It operates through the following segments; Commercial Aviation; Defense and Security; Executive Jets and Service and Support. The company generates maximum revenue from Commercial Aviation segment.
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