Shares of Gol Linhas Aereas Inteligentes SA (NYSE:GOL) have received a consensus rating of “Hold” from the nine brokerages that are covering the stock. Nine analysts have rated the stock with a hold rating. The average 1-year price objective among brokerages that have covered the stock in the last year is $17.44.

A number of research firms have issued reports on GOL. Morgan Stanley raised shares of Gol Linhas Aereas Inteligentes SA from an “underweight” rating to an “equal weight” rating and lifted their price objective for the stock from $4.90 to $23.00 in a report on Thursday, September 8th. Citigroup Inc. raised shares of Gol Linhas Aereas Inteligentes SA from a “sell” rating to a “neutral” rating and lifted their price objective for the stock from $8.00 to $22.50 in a report on Monday, November 7th. Bank of America Corp. set a $23.00 price objective on shares of Gol Linhas Aereas Inteligentes SA and gave the stock a “hold” rating in a report on Sunday, September 4th. Raymond James Financial Inc. reaffirmed a “hold” rating on shares of Gol Linhas Aereas Inteligentes SA in a report on Friday, September 23rd. Finally, Zacks Investment Research raised shares of Gol Linhas Aereas Inteligentes SA from a “hold” rating to a “buy” rating and set a $24.00 price objective on the stock in a report on Friday, September 23rd.

Gol Linhas Aereas Inteligentes SA (NYSE:GOL) opened at 16.09 on Friday. Gol Linhas Aereas Inteligentes SA has a 1-year low of $2.40 and a 1-year high of $27.08. The firm’s market capitalization is $557.21 million. The company has a 50 day moving average of $21.23 and a 200 day moving average of $16.26.

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A number of large investors have recently made changes to their positions in GOL. KCG Holdings Inc. purchased a new stake in shares of Gol Linhas Aereas Inteligentes SA during the third quarter worth about $297,000. Citadel Advisors LLC purchased a new stake in shares of Gol Linhas Aereas Inteligentes SA during the third quarter worth about $227,000. BlackRock Institutional Trust Company N.A. purchased a new stake in shares of Gol Linhas Aereas Inteligentes SA during the third quarter worth about $609,000. Finally, Contrarian Capital Management L.L.C. purchased a new stake in shares of Gol Linhas Aereas Inteligentes SA during the second quarter worth about $2,018,000. Institutional investors and hedge funds own 0.17% of the company’s stock.

Gol Linhas Aereas Inteligentes SA Company Profile

Gol Linhas Aereas Inteligentes SA is a holding company. The Company is a low-cost carrier, which provides service on routes connecting all of Brazil’s cities in South America and selected tourist destinations in the Caribbean. The Company operates through two segments: flight transportation and Smiles loyalty program.

5 Day Chart for NYSE:GOL

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