Embraer traded at 93.01 this Wednesday August 5th, increasing 2.50 or 2.76 percent since the previous trading session. Looking back, over the last four weeks, Embraer gained 7.79 percent. Over the last 12 months, its price rose by 19.43 percent. Looking ahead, we forecast Embraer to be priced at 84.41 by the end of this quarter and at 77.40 in one year, according to Trading Economics global macro models projections and analysts expectations.
Embraer SA is a Brazil-based jets manufacturer. The Company produces aircraft for commercial and executive aviation, as well as for defense and security purposes and related services. Its segments include Commercial aviation business, which involves the development, production and sale of commercial jets, and rendering of support services, particularly in the regional aviation segment and aircraft leases; Executive Jet business, which markets its executive jets to companies, including fractional ownership companies, charter and air-taxi companies, high-net-worth individuals and to flight academies; Defense and Security Business segment, which conceives, designs, develops, manufactures and supports a range of integrated solutions for the defense and security market; and Other Related Businesses segment, which provides fuel systems, structural parts, and mechanical and hydraulic systems to Sikorsky Aircraft Corporation for its production of helicopters.