Gol Linhas Aereas Inteligentes SA (NYSE:GOL) was upgraded by equities researchers at ValuEngine from a “hold” rating to a “buy” rating in a note issued to investors on Friday.

A number of other equities analysts have also commented on the stock. Bank of America Corp raised shares of Gol Linhas Aereas Inteligentes SA from a “neutral” rating to a “buy” rating in a report on Monday, January 30th. Zacks Investment Research lowered shares of Gol Linhas Aereas Inteligentes SA from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 25th. HSBC Holdings plc raised shares of Gol Linhas Aereas Inteligentes SA from a “reduce” rating to a “hold” rating in a report on Wednesday, April 5th. Deutsche Bank AG raised shares of Gol Linhas Aereas Inteligentes SA from a “hold” rating to a “buy” rating in a report on Thursday, February 2nd. Finally, Citigroup Inc lowered shares of Gol Linhas Aereas Inteligentes SA from a “neutral” rating to a “sell” rating in a report on Thursday. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $20.38.

Analyst Recommendations for Gol Linhas Aereas Inteligentes SA (NYSE:GOL)

Gol Linhas Aereas Inteligentes SA (NYSE:GOL) traded up 5.488% during midday trading on Friday, reaching $12.205. 869,113 shares of the company’s stock traded hands. The stock has a market cap of $845.43 million, a P/E ratio of 8.749 and a beta of 2.09. Gol Linhas Aereas Inteligentes SA has a 52-week low of $3.10 and a 52-week high of $17.96. The company’s 50-day moving average price is $15.61 and its 200-day moving average price is $11.54.

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Large investors have recently made changes to their positions in the stock. Goldman Sachs Group Inc. acquired a new stake in shares of Gol Linhas Aereas Inteligentes SA during the first quarter worth about $233,000. Bank of America Corp DE boosted its stake in shares of Gol Linhas Aereas Inteligentes SA by 6.9% in the first quarter. Bank of America Corp DE now owns 13,973 shares of the transportation company’s stock worth $370,000 after buying an additional 901 shares during the period. KCG Holdings Inc. acquired a new stake in shares of Gol Linhas Aereas Inteligentes SA during the first quarter worth about $312,000. Morgan Stanley boosted its stake in shares of Gol Linhas Aereas Inteligentes SA by 374.5% in the first quarter. Morgan Stanley now owns 27,972 shares of the transportation company’s stock worth $741,000 after buying an additional 22,077 shares during the period. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Gol Linhas Aereas Inteligentes SA by 67.1% in the first quarter. Dimensional Fund Advisors LP now owns 53,000 shares of the transportation company’s stock worth $1,403,000 after buying an additional 21,284 shares during the period. 0.17% of the stock is owned by institutional investors.

About Gol Linhas Aereas Inteligentes SA

Gol Linhas Aereas Inteligentes SA (GOL) is an airline company. The Company is engaged in providing mobile geolocation services to its passengers and designing a Website featuring accessibility resources to assist people with visual and motor impairments. The Company operates through two segments: Air transportation and Loyalty program.

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