Gol Linhas Aereas Inteligentes SA (GOL) Announces Quarterly Results
Gol Linhas Aereas Inteligentes SA (NYSE:GOL) announced its earnings results on Friday. The company reported ($0.27) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.03) by $0.24, ARN reports.
Several analysts have recently commented on the stock. Analysts at Raymond James downgraded shares of Gol Linhas Aereas Inteligentes SA from an “outperform” rating to a “market perform” rating in a research note on Tuesday, July 29th. On a related note, analysts at Bank of America upgraded shares of Gol Linhas Aereas Inteligentes SA from a “neutral” rating to a “buy” rating in a research note on Monday, July 21st. They now have a $8.00 price target on the stock.
Shares of Gol Linhas Aereas Inteligentes SA (NYSE:GOL) opened at 5.84 on Friday. Gol Linhas Aereas Inteligentes SA has a 52-week low of $3.53 and a 52-week high of $6.94. The stock has a 50-day moving average of $5.9 and a 200-day moving average of $5.44. The company’s market cap is $1.616 billion.
Gol Linhas Aereas Inteligentes SA (NYSE:GOL) is a low-cost, low-fare airline in the world providing service on routes connecting all of Brazil’s cities and from Brazil to cities in South America and select touristic destinations in the Caribbean.
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