Gol Linhas Aereas Inteligentes S.A. (NYSE:GOL) has been assigned a consensus rating of “Buy” from the eight research firms that are currently covering the firm, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $20.00.

Several brokerages have weighed in on GOL. Zacks Investment Research downgraded Gol Linhas Aereas Inteligentes from a “buy” rating to a “hold” rating in a report on Tuesday, October 10th. ValuEngine downgraded Gol Linhas Aereas Inteligentes from a “buy” rating to a “hold” rating in a report on Wednesday, September 13th. Finally, BidaskClub upgraded Gol Linhas Aereas Inteligentes from a “hold” rating to a “buy” rating in a report on Thursday, August 24th.

Shares of Gol Linhas Aereas Inteligentes (GOL) opened at 23.78 on Friday. The company’s market cap is $1.65 billion. The company’s 50-day moving average price is $21.97 and its 200-day moving average price is $16.24. Gol Linhas Aereas Inteligentes has a 12 month low of $5.77 and a 12 month high of $24.90.

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Institutional investors and hedge funds have recently added to or reduced their stakes in the company. SG Americas Securities LLC purchased a new position in shares of Gol Linhas Aereas Inteligentes in the 1st quarter valued at about $110,000. Goldman Sachs Group Inc. purchased a new position in shares of Gol Linhas Aereas Inteligentes in the 1st quarter valued at about $233,000. KCG Holdings Inc. purchased a new position in shares of Gol Linhas Aereas Inteligentes in the 1st quarter valued at about $312,000. Bank of America Corp DE increased its holdings in shares of Gol Linhas Aereas Inteligentes by 6.9% in the 1st quarter. Bank of America Corp DE now owns 13,973 shares of the transportation company’s stock valued at $370,000 after acquiring an additional 901 shares during the last quarter. Finally, Fox Run Management L.L.C. purchased a new position in shares of Gol Linhas Aereas Inteligentes in the 2nd quarter valued at about $194,000. Institutional investors and hedge funds own 0.04% of the company’s stock.

Gol Linhas Aereas Inteligentes Company Profile

Gol Linhas Aereas Inteligentes SA is a Brazil-based airline company. The Company focuses on carrying passengers to over 60 destinations, approximately 50 in Brazil and 10 in South America and the Caribbean. The Company’s fleet includes approximately 120 Boeing 737 aircrafts. The Company operates through two segments: Air transportation and Loyalty program.

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