Gol Linhas Aereas Inteligentes SA logoShares of Gol Linhas Aereas Inteligentes SA (NYSE:GOL) have been given a consensus rating of "Hold" by the nine ratings firms that are covering the stock. Nine analysts have rated the stock with a hold rating. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $17.44.
GOL has been the topic of a number of analyst reports. Raymond James Financial Inc. restated a "hold" rating on shares of Gol Linhas Aereas Inteligentes SA in a research note on Friday, September 23rd. Bank of America Corp. upgraded shares of Gol Linhas Aereas Inteligentes SA from an "underperform" rating to a "neutral" rating in a research note on Friday, August 5th. Credit Suisse Group AG upgraded shares of Gol Linhas Aereas Inteligentes SA from an "underperform" rating to a "neutral" rating in a research note on Friday, August 26th. Zacks Investment Research upgraded shares of Gol Linhas Aereas Inteligentes SA from a "hold" rating to a "buy" rating and set a $24.00 target price on the stock in a research note on Friday, September 23rd. Finally, Citigroup Inc. upgraded shares of Gol Linhas Aereas Inteligentes SA from a "sell" rating to a "neutral" rating and lifted their target price for the company from $8.00 to $22.50 in a research note on Monday, November 7th.
Gol Linhas Aereas Inteligentes SA (NYSE:GOL) opened at 16.51 on Friday. Gol Linhas Aereas Inteligentes SA has a 52 week low of $2.40 and a 52 week high of $27.08. The stock"™s 50 day moving average price is $21.36 and its 200-day moving average price is $16.09. The company"™s market capitalization is $571.76 million.
Hedge funds have recently made changes to their positions in the company. Citadel Advisors LLC acquired a new stake in Gol Linhas Aereas Inteligentes SA during the third quarter worth $227,000. KCG Holdings Inc. acquired a new stake in Gol Linhas Aereas Inteligentes SA during the third quarter worth $297,000. BlackRock Institutional Trust Company N.A. acquired a new stake in Gol Linhas Aereas Inteligentes SA during the third quarter worth $609,000. Finally, Contrarian Capital Management L.L.C. acquired a new stake in Gol Linhas Aereas Inteligentes SA during the second quarter worth $2,018,000. Institutional investors and hedge funds own 0.19% of the company"™s stock…