Embraer S.A. (NYSE:ERJ) traded at a new 52-week high today of $17.57. This new high was reached on below average trading volume as 860,000 shares traded hands, while the average 30-day volume is approximately 2.1 million shares.
Embraer S.A. share prices have moved between a 52-week high of $17.57 and a 52-week low of $3.96 and are now trading 340% above that low price at $17.44 per share.
There is potential upside of 420.4% for shares of Embraer S.A. based on a current price of $17.44 and an average consensus analyst price target of $90.74.
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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