Shares of Gol Linhas Aereas Inteligentes SA (NYSE:GOL) have been given a consensus rating of “Hold” by the nine brokerages that are covering the stock. One analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $18.00.

A number of equities analysts have commented on GOL shares. Bank of America Corp upgraded shares of Gol Linhas Aereas Inteligentes SA from a “neutral” rating to a “buy” rating in a research report on Monday, January 30th. Zacks Investment Research downgraded 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 upgraded 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 upgraded shares of Gol Linhas Aereas Inteligentes SA from a “hold” rating to a “buy” rating in a report on Thursday, February 2nd. Finally, ValuEngine upgraded shares of Gol Linhas Aereas Inteligentes SA from a “hold” rating to a “buy” rating in a report on Friday.

Several institutional investors have recently made changes to their positions in GOL. Rubric Capital Management LP increased its position in shares of Gol Linhas Aereas Inteligentes SA by 154.0% in the first quarter. Rubric Capital Management LP now owns 196,721 shares of the transportation company’s stock worth $5,213,000 after buying an additional 119,275 shares in the last quarter. Dimensional Fund Advisors LP increased its position 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 in the last quarter. Dynamic Technology Lab Private Ltd increased its position in shares of Gol Linhas Aereas Inteligentes SA by 82.9% in the first quarter. Dynamic Technology Lab Private Ltd now owns 29,361 shares of the transportation company’s stock worth $778,000 after buying an additional 13,306 shares in the last quarter. Morgan Stanley increased its position 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 in the last quarter. Finally, Bank of America Corp DE increased its position 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 in the last quarter. Institutional investors and hedge funds own 0.17% of the company’s stock.

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Gol Linhas Aereas Inteligentes SA (NYSE:GOL) opened at 11.03 on Tuesday. Gol Linhas Aereas Inteligentes SA has a 1-year low of $3.10 and a 1-year high of $17.96. The stock’s 50 day moving average is $15.53 and its 200-day moving average is $11.54. The company has a market capitalization of $764.04 million, a P/E ratio of 7.91 and a beta of 2.09.

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.

12 Month Chart for NYSE:GOL

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