Gol Linhas Aereas Inteligentes S.A. (NYSE:GOL) was upgraded by equities researchers at BidaskClub from a “hold” rating to a “buy” rating in a note issued to investors on Thursday.

Other equities analysts have also issued reports about the stock. Bank of America Corporation upgraded shares of Gol Linhas Aereas Inteligentes from a “neutral” rating to a “buy” rating and set a $20.00 price target on the stock in a research report on Wednesday, July 5th. Zacks Investment Research raised shares of Gol Linhas Aereas Inteligentes from a “hold” rating to a “buy” rating and set a $13.00 target price for the company in a research note on Wednesday, June 7th. Finally, ValuEngine raised shares of Gol Linhas Aereas Inteligentes from a “hold” rating to a “buy” rating in a research note on Friday, May 19th. Six research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. Gol Linhas Aereas Inteligentes presently has an average rating of “Buy” and a consensus price target of $20.63.

Gol Linhas Aereas Inteligentes (GOL) traded up 5.58% during mid-day trading on Thursday, hitting $17.02. The stock had a trading volume of 376,716 shares. The company has a 50 day moving average price of $15.01 and a 200 day moving average price of $13.96. The stock’s market cap is $1.18 billion. Gol Linhas Aereas Inteligentes has a one year low of $5.77 and a one year high of $17.96.

ILLEGAL ACTIVITY WARNING: This news story was posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this news story on another website, it was stolen and republished in violation of U.S. & international copyright laws. The correct version of this news story can be read at https://www.thecerbatgem.com/2017/08/26/gol-linhas-aereas-inteligentes-s-a-gol-rating-increased-to-buy-at-bidaskclub.html.

Institutional investors have recently modified their holdings of the stock. Fox Run Management L.L.C. acquired a new position in Gol Linhas Aereas Inteligentes during the second quarter worth approximately $194,000. Pinnacle Associates Ltd. purchased a new stake in shares of Gol Linhas Aereas Inteligentes during the first quarter worth about $331,000. KCG Holdings Inc. purchased a new stake in shares of Gol Linhas Aereas Inteligentes during the first quarter worth about $312,000. Dynamic Technology Lab Private Ltd increased its stake in shares of Gol Linhas Aereas Inteligentes by 82.9% in the first quarter. Dynamic Technology Lab Private Ltd now owns 29,361 shares of the transportation company’s stock worth $778,000 after buying an additional 13,306 shares during the last quarter. Finally, SG Americas Securities LLC purchased a new stake in shares of Gol Linhas Aereas Inteligentes during the first quarter worth about $110,000. 0.09% of the stock is currently owned by institutional investors.

About Gol Linhas Aereas Inteligentes

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)

Receive News & Stock Ratings for Gol Linhas Aereas Inteligentes S.A. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gol Linhas Aereas Inteligentes S.A. and related stocks with our FREE daily email newsletter.