Embraer S.A. (ERJ) Forms $25.00 Double Top; Blackstone Has 1.25 Sentiment

Embraer S.A. (NYSE:ERJ) Logo

Embraer S.A. (ERJ) formed double top with $26.75 target or 7.00% above today’s $25.00 share price. Embraer S.A. (ERJ) has $4.58 billion valuation. The stock increased 1.01% or $0.25 during the last trading session, reaching $25. About 1.22M shares traded or 22.54% up from the average. Embraer S.A. (NYSE:ERJ) has risen 15.99% since May 9, 2017 and is uptrending. It has outperformed by 4.44% the S&P500.

Blackstone (BSL) investors sentiment increased to 1.25 in Q4 2017. It’s up 0.50, from 0.75 in 2017Q3. The ratio is better, as 15 funds increased or opened new holdings, while 12 cut down and sold their stock positions in Blackstone. The funds in our database reported: 2.45 million shares, down from 2.46 million shares in 2017Q3. Also, the number of funds holding Blackstone in top ten holdings was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 9 Increased: 9 New Position: 6.

Among 12 analysts covering Embraer Sa (NYSE:ERJ), 4 have Buy rating, 3 Sell and 5 Hold. Therefore 33% are positive. Embraer Sa has $39 highest and $19 lowest target. $24.06’s average target is -3.76% below currents $25 stock price. Embraer Sa had 31 analyst reports since July 31, 2015 according to SRatingsIntel. Drexel Hamilton upgraded the stock to “Buy” rating in Tuesday, November 1 report. Goldman Sachs maintained Embraer S.A. (NYSE:ERJ) on Monday, May 2 with “Neutral” rating. Santander downgraded Embraer S.A. (NYSE:ERJ) on Monday, October 30 to “Underperform” rating. The company was upgraded on Thursday, October 13 by Goldman Sachs. The stock of Embraer S.A. (NYSE:ERJ) earned “Hold” rating by Deutsche Bank on Tuesday, October 17. As per Monday, June 5, the company rating was maintained by RBC Capital Markets. Cowen & Co maintained the shares of ERJ in report on Wednesday, June 21 with “Hold” rating. The stock has “Sell” rating by UBS on Tuesday, November 22. Goldman Sachs downgraded the stock to “Sell” rating in Thursday, August 10 report. The firm earned “Hold” rating on Tuesday, October 31 by J.P. Morgan.

The stock increased 0.78% or $0.14 during the last trading session, reaching $18.09. About 18,425 shares traded. Blackstone/GSO Senior Floating Rate Term Fund (BSL) has risen 1.45% since May 9, 2017 and is uptrending. It has underperformed by 10.10% the S&P500.

Benchmark Capital Advisors holds 1.03% of its portfolio in Blackstone/GSO Senior Floating Rate Term Fund for 73,328 shares. Ntv Asset Management Llc owns 92,075 shares or 0.46% of their US portfolio. Moreover, Comerica Securities Inc has 0.25% invested in the company for 108,070 shares. The Texas-based Usca Ria Llc has invested 0.16% in the stock. Beck Capital Management Llc, a Texas-based fund reported 15,008 shares.

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