Gol Linhas Aereas Inteligentes S.A. (NYSE:GOL) has received a consensus recommendation of “Hold” from the nine research firms that are currently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $18.00.

A number of equities analysts have issued reports on the company. Bank of America Corporation downgraded Gol Linhas Aereas Inteligentes from a “buy” rating to a “neutral” rating in a report on Thursday, May 18th. Zacks Investment Research downgraded Gol Linhas Aereas Inteligentes from a “buy” rating to a “hold” rating in a report on Friday, May 26th. ValuEngine upgraded Gol Linhas Aereas Inteligentes from a “hold” rating to a “buy” rating in a report on Friday, May 19th. Citigroup Inc. downgraded Gol Linhas Aereas Inteligentes from a “neutral” rating to a “sell” rating in a report on Thursday, May 18th. Finally, HSBC Holdings plc upgraded Gol Linhas Aereas Inteligentes from a “reduce” rating to a “hold” rating in a report on Wednesday, April 5th.

Several institutional investors have recently modified their holdings of the stock. Pinnacle Associates Ltd. acquired a new stake in Gol Linhas Aereas Inteligentes during the first quarter valued at approximately $331,000. Dynamic Technology Lab Private Ltd acquired a new stake in Gol Linhas Aereas Inteligentes during the fourth quarter valued at approximately $218,000. Rubric Capital Management LP boosted its stake in Gol Linhas Aereas Inteligentes by 154.0% in the first quarter. Rubric Capital Management LP now owns 196,721 shares of the transportation company’s stock valued at $5,213,000 after buying an additional 119,275 shares during the period. Goldman Sachs Group Inc. acquired a new stake in Gol Linhas Aereas Inteligentes during the first quarter valued at approximately $233,000. Finally, Bank of America Corp DE boosted its stake in Gol Linhas Aereas Inteligentes by 6.9% in the first quarter. Bank of America Corp DE now owns 13,973 shares of the transportation company’s stock valued at $370,000 after buying an additional 901 shares during the period. Hedge funds and other institutional investors own 0.08% of the company’s stock.

Shares of Gol Linhas Aereas Inteligentes (NYSE GOL) opened at 11.57 on Monday. The firm has a market cap of $801.44 million, a P/E ratio of 8.51 and a beta of 2.03. The company has a 50-day moving average of $13.69 and a 200 day moving average of $11.85. Gol Linhas Aereas Inteligentes has a 52-week low of $3.57 and a 52-week high of $17.96.

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About Gol Linhas Aereas Inteligentes

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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