Gol Linhas Aereas Inteligentes (GOL) Cut to Neutral at Bank of America
Gol Linhas Aereas Inteligentes (NYSE:GOL) was downgraded by investment analysts at Bank of America from a “buy” rating to a “neutral” rating in a research report issued on Thursday, The Fly reports.
Other equities analysts have also recently issued reports about the company. Zacks Investment Research upgraded Gol Linhas Aereas Inteligentes from a “hold” rating to a “buy” rating and set a $24.00 price target for the company in a research report on Wednesday, September 20th. Buckingham Research initiated coverage on Gol Linhas Aereas Inteligentes in a research report on Monday, November 6th. They issued a “buy” rating and a $29.00 price target for the company. Finally, ValuEngine cut Gol Linhas Aereas Inteligentes from a “buy” rating to a “hold” rating in a research report on Wednesday, September 13th. Four analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $24.33.
Gol Linhas Aereas Inteligentes (NYSE:GOL) opened at $9.42 on Thursday. The firm has a market capitalization of $1,190.00, a price-to-earnings ratio of 188.40 and a beta of 1.91. Gol Linhas Aereas Inteligentes has a 52-week low of $3.11 and a 52-week high of $9.96. The company has a debt-to-equity ratio of -1.73, a current ratio of 0.45 and a quick ratio of 0.41.
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About Gol Linhas Aereas Inteligentes
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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