Gol Linhas Aereas Inteligentes S.A. (NYSE:GOL) has earned a consensus recommendation of “Buy” from the nine ratings firms that are presently covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $24.33.

A number of research firms have recently issued reports on GOL. Zacks Investment Research downgraded shares of Gol Linhas Aereas Inteligentes from a “buy” rating to a “hold” rating in a report on Wednesday, August 16th. BidaskClub downgraded shares of Gol Linhas Aereas Inteligentes from a “buy” rating to a “hold” rating in a report on Tuesday, August 15th. Finally, ValuEngine upgraded shares of Gol Linhas Aereas Inteligentes from a “buy” rating to a “strong-buy” rating in a research report on Monday, August 14th.

Shares of Gol Linhas Aereas Inteligentes (NYSE:GOL) opened at $8.61 on Monday. Gol Linhas Aereas Inteligentes has a fifty-two week low of $2.31 and a fifty-two week high of $9.96. The company has a current ratio of 0.45, a quick ratio of 0.41 and a debt-to-equity ratio of -1.73. The stock has a market cap of $1,493.83, a price-to-earnings ratio of 50.06 and a beta of 1.88.

A number of large investors have recently modified their holdings of the stock. Bank of America Corp DE raised its position in 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 worth $370,000 after purchasing an additional 901 shares during the period. Smith Asset Management Group LP purchased a new position in Gol Linhas Aereas Inteligentes in the 3rd quarter worth $103,000. Goldman Sachs Group Inc. purchased a new position in Gol Linhas Aereas Inteligentes in the 1st quarter worth $233,000. Dimensional Fund Advisors LP raised its position in Gol Linhas Aereas Inteligentes by 4.6% in the 3rd quarter. Dimensional Fund Advisors LP now owns 205,108 shares of the transportation company’s stock worth $4,331,000 after purchasing an additional 9,060 shares during the period. Finally, Virtu KCG Holdings LLC raised its position in Gol Linhas Aereas Inteligentes by 89.3% in the 2nd quarter. Virtu KCG Holdings LLC now owns 22,285 shares of the transportation company’s stock worth $253,000 after purchasing an additional 10,515 shares during the period. Institutional investors own 0.31% of the company’s stock.

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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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