Gol Linhas Aereas Inteligentes S.A. (NYSE:GOL) was downgraded by equities research analysts at ValuEngine from a “hold” rating to a “sell” rating in a report released on Saturday.

GOL has been the topic of a number of other research reports. Zacks Investment Research cut Gol Linhas Aereas Inteligentes S.A. from a “buy” rating to a “hold” rating in a research note on Tuesday, October 10th. Buckingham Research started coverage on Gol Linhas Aereas Inteligentes S.A. in a research note on Monday, November 6th. They issued a “buy” rating and a $29.00 target price on the stock. Finally, BidaskClub cut Gol Linhas Aereas Inteligentes S.A. from a “buy” rating to a “hold” rating in a research note on Tuesday, August 1st. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $24.33.

Gol Linhas Aereas Inteligentes S.A. (NYSE:GOL) opened at $8.83 on Friday. The company has a market capitalization of $23,441.93, a price-to-earnings ratio of 111.88 and a beta of 1.91. The company has a debt-to-equity ratio of -1.73, a current ratio of 0.45 and a quick ratio of 0.41. Gol Linhas Aereas Inteligentes S.A. has a 12 month low of $2.31 and a 12 month high of $9.96.

Several large investors have recently made changes to their positions in GOL. Smith Asset Management Group LP bought a new position in shares of Gol Linhas Aereas Inteligentes S.A. during the third quarter valued at about $103,000. IFP Advisors Inc bought a new position in shares of Gol Linhas Aereas Inteligentes S.A. during the second quarter valued at about $227,000. Goldman Sachs Group Inc. bought a new position in shares of Gol Linhas Aereas Inteligentes S.A. during the first quarter valued at about $233,000. Virtu KCG Holdings LLC grew its stake in shares of Gol Linhas Aereas Inteligentes S.A. by 89.3% during the second quarter. Virtu KCG Holdings LLC now owns 22,285 shares of the transportation company’s stock valued at $253,000 after buying an additional 10,515 shares during the last quarter. Finally, Vanguard Group Inc. grew its stake in shares of Gol Linhas Aereas Inteligentes S.A. by 100.0% during the second quarter. Vanguard Group Inc. now owns 25,640 shares of the transportation company’s stock valued at $291,000 after buying an additional 12,820 shares during the last quarter. 0.06% of the stock is currently owned by hedge funds and other institutional investors.

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About Gol Linhas Aereas Inteligentes S.A.

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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