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The Gol linhas aereas inteligentes sa (GOL) downgraded to "neutral" at bank of america corp
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The Gol linhas aereas inteligentes sa (GOL) downgraded to "neutral" at bank of america corp

Gol Linhas Aereas Inteligentes SA (NYSE:GOL) was downgraded by equities research analysts at Bank of America Corp from a "buy" rating to a "neutral" rating in a report issued on Thursday, May 18th.

A number of other equities analysts also recently weighed in on GOL. Deutsche Bank AG raised Gol Linhas Aereas Inteligentes SA from a "hold" rating to a "buy" rating in a research report on Thursday, February 2nd. Zacks Investment Research raised Gol Linhas Aereas Inteligentes SA from a "hold" rating to a "strong-buy" rating and set a $24.00 target price on the stock in a research report on Friday, February 10th. Finally, HSBC Holdings plc raised Gol Linhas Aereas Inteligentes SA from a "reduce" rating to a "hold" rating in a research report on Wednesday, April 5th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company. Gol Linhas Aereas Inteligentes SA has a consensus rating of "Hold" and a consensus price target of $20.38.

Shares of Gol Linhas Aereas Inteligentes SA (NYSE:GOL) traded up 0.33% during trading on Thursday, hitting $12.09. The company"™s stock had a trading volume of 312,811 shares. Gol Linhas Aereas Inteligentes SA has a 1-year low of $3.10 and a 1-year high of $17.96. The firm"™s 50 day moving average is $15.23 and its 200-day moving average is $11.55. The company has a market capitalization of $837.46 million, a P/E ratio of 8.67 and a beta of 2.09.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Rubric Capital Management LP bought a new position in shares of Gol Linhas Aereas Inteligentes SA during the fourth quarter valued at about $1,055,000. Dynamic Technology Lab Private Ltd bought a new stake in Gol Linhas Aereas Inteligentes SA during the fourth quarter worth $218,000. Citadel Advisors LLC acquired a new stake in shares of Gol Linhas Aereas Inteligentes SA during the third quarter worth $227,000. Pinnacle Associates Ltd. acquired a new stake in shares of Gol Linhas Aereas Inteligentes SA during the first quarter worth $331,000. Finally, Goldman Sachs Group Inc. acquired a new stake in shares of Gol Linhas Aereas Inteligentes SA during the first quarter worth $233,000. Institutional investors own 0.17% of the company"™s stock.

Gol Linhas Aereas Inteligentes SA 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…

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