ValuEngine upgraded shares of Gol Linhas Aereas Inteligentes (NYSE:GOL) from a sell rating to a hold rating in a report released on Friday morning.

GOL has been the topic of several other research reports. Zacks Investment Research upgraded shares of Gol Linhas Aereas Inteligentes from a hold rating to a buy rating and set a $24.00 price objective on the stock in a research report on Wednesday, November 22nd. Buckingham Research began coverage on shares of Gol Linhas Aereas Inteligentes in a research report on Monday, November 6th. They set a buy rating and a $29.00 price objective on the stock. Finally, BidaskClub cut shares of Gol Linhas Aereas Inteligentes from a buy rating to a hold rating in a research report on Tuesday, August 15th. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Gol Linhas Aereas Inteligentes has an average rating of Buy and an average target price of $24.33.

Gol Linhas Aereas Inteligentes (NYSE:GOL) traded up $0.07 during trading on Friday, hitting $8.60. 645,337 shares of the stock traded hands, compared to its average volume of 532,846. The company has a debt-to-equity ratio of -1.73, a quick ratio of 0.41 and a current ratio of 0.45. The stock has a market cap of $881.77, a PE ratio of 49.59 and a beta of 1.91. Gol Linhas Aereas Inteligentes has a 12-month low of $2.31 and a 12-month high of $9.96.

Several institutional investors have recently bought and sold shares of GOL. Dimensional Fund Advisors LP raised its position in shares of Gol Linhas Aereas Inteligentes by 67.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 53,000 shares of the transportation company’s stock valued at $1,403,000 after buying an additional 21,284 shares in the last quarter. 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. Goldman Sachs Group Inc. purchased a new position in Gol Linhas Aereas Inteligentes in the 1st quarter worth $233,000. IFP Advisors Inc purchased a new position in Gol Linhas Aereas Inteligentes in the 2nd quarter worth $227,000. Finally, Pinnacle Associates Ltd. raised its position in Gol Linhas Aereas Inteligentes by 342.3% in the 2nd quarter. Pinnacle Associates Ltd. now owns 55,175 shares of the transportation company’s stock worth $627,000 after purchasing an additional 42,700 shares during the period. Hedge funds and other institutional investors own 0.05% of the company’s stock.

ILLEGAL ACTIVITY WARNING: This piece was first reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this piece on another website, it was copied illegally and reposted in violation of US and international copyright and trademark laws. The legal version of this piece can be read at https://www.thecerbatgem.com/2017/12/02/gol-linhas-aereas-inteligentes-gol-upgraded-to-hold-by-valuengine.html.

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.

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.