Gol Linhas Aereas Inteligentes S.A. (NYSE:GOL) has received a consensus rating of “Hold” from the eleven brokerages that are presently covering the firm, Marketbeat Ratings reports. Seven research analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $20.00.

Several brokerages have recently commented on GOL. BidaskClub downgraded shares of Gol Linhas Aereas Inteligentes from a “buy” rating to a “hold” rating in a research note on Tuesday, August 1st. Zacks Investment Research upgraded shares of Gol Linhas Aereas Inteligentes from a “hold” rating to a “strong-buy” rating and set a $17.00 target price on the stock in a research note on Tuesday, July 18th. ValuEngine downgraded shares of Gol Linhas Aereas Inteligentes from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Finally, Citigroup Inc. downgraded shares of Gol Linhas Aereas Inteligentes from a “neutral” rating to a “sell” rating in a research note on Thursday, May 18th.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. SG Americas Securities LLC acquired a new position in Gol Linhas Aereas Inteligentes during the first quarter worth about $110,000. Fox Run Management L.L.C. acquired a new position in Gol Linhas Aereas Inteligentes during the second quarter worth about $194,000. IFP Advisors Inc acquired a new position in Gol Linhas Aereas Inteligentes during the second quarter worth about $227,000. Goldman Sachs Group Inc. acquired a new position in Gol Linhas Aereas Inteligentes during the first quarter worth about $233,000. Finally, KCG Holdings Inc. acquired a new position in Gol Linhas Aereas Inteligentes during the first quarter worth about $312,000. 0.09% of the stock is owned by institutional investors and hedge funds.

Shares of Gol Linhas Aereas Inteligentes (GOL) opened at 15.45 on Tuesday. The firm has a market cap of $1.07 billion, a PE ratio of 10.92 and a beta of 2.05. The company has a 50 day moving average of $13.03 and a 200-day moving average of $13.23. Gol Linhas Aereas Inteligentes has a 12-month low of $5.77 and a 12-month high of $17.96.

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Gol Linhas Aereas Inteligentes Company Profile

Gol Linhas Aereas Inteligentes SA (GOL) is an airline company. The Company is engaged in providing mobile geolocation services to its passengers and designing a Website featuring accessibility resources to assist people with visual and motor impairments. The Company operates through two segments: Air transportation and Loyalty program.

Analyst Recommendations for Gol Linhas Aereas Inteligentes (NYSE:GOL)

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