Shares of Embraer SA (NYSE:ERJ) traded up 2.9% on Friday . The stock traded as high as $21.31 and last traded at $21.30, with a volume of 603,762 shares changing hands. The stock had previously closed at $20.70.

Several analysts have weighed in on the company. Zacks Investment Research downgraded Embraer SA from a “hold” rating to a “strong sell” rating in a research note on Tuesday, April 19th. Royal Bank Of Canada dropped their price objective on Embraer SA from $30.00 to $28.00 and set a “sector perform” rating on the stock in a research note on Monday, May 2nd. Goldman Sachs Group Inc. dropped their price objective on Embraer SA from $27.00 to $26.00 and set a “neutral” rating on the stock in a research note on Monday, May 2nd. Drexel Hamilton reissued a “hold” rating on shares of Embraer SA in a research note on Tuesday, July 12th. Finally, Deutsche Bank AG dropped their price objective on Embraer SA from $33.00 to $30.00 and set a “buy” rating on the stock in a research note on Monday, June 13th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company. Embraer SA currently has a consensus rating of “Hold” and a consensus price target of $29.67.

The company has a market cap of $15.70 billion and a price-to-earnings ratio of 61.74. The stock has a 50-day moving average price of $21.26 and a 200 day moving average price of $24.47.

Embraer SA (NYSE:ERJ) last released its quarterly earnings data on Friday, April 29th. The company reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.30. The company earned $1.31 billion during the quarter, compared to the consensus estimate of $1.25 billion. The company’s revenue for the quarter was up 24.0% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.34) earnings per share. On average, equities analysts anticipate that Embraer SA will post $2.01 earnings per share for the current fiscal year.

A number of large investors have added to or reduced their stakes in the company. State of New Jersey Common Pension Fund D raised its stake in Embraer SA by 6.2% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 37,689 shares of the company’s stock worth $1,113,000 after buying an additional 2,201 shares during the period. US Bancorp DE raised its stake in Embraer SA by 23.3% in the fourth quarter. US Bancorp DE now owns 44,421 shares of the company’s stock worth $1,312,000 after buying an additional 8,400 shares during the period. Mizuho Trust & Banking Co. Ltd. raised its stake in Embraer SA by 0.3% in the fourth quarter. Mizuho Trust & Banking Co. Ltd. now owns 45,640 shares of the company’s stock worth $1,364,000 after buying an additional 125 shares during the period. New York State Common Retirement Fund acquired a new stake in Embraer SA during the fourth quarter worth approximately $1,383,000. Finally, Sei Investments Co. raised its stake in Embraer SA by 1.0% in the fourth quarter. Sei Investments Co. now owns 56,661 shares of the company’s stock worth $1,674,000 after buying an additional 580 shares during the period.

Embraer SA (Embraer) produces aircraft for commercial and executive aviation, and for defense and security purposes and related services. The Company’s segments include Commercial aviation business, Defense and security business, Executive Jet business and Other. Its Commercial Aviation business segment mainly involves the development, production and sale of commercial jets, and rendering of support services.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.