Gol Linhas Aéreas Inteligentes S.A. (NYSE:GOL) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Gol Linhas Aéreas Inteligentes S.A. (NYSE:GOLGet Rating) have been assigned a consensus rating of “Moderate Buy” from the five analysts that are currently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $5.25.

Several analysts have issued reports on GOL shares. StockNews.com started coverage on Gol Linhas Aéreas Inteligentes in a report on Wednesday, October 12th. They set a “hold” rating on the stock. The Goldman Sachs Group boosted their price objective on Gol Linhas Aéreas Inteligentes from $4.95 to $5.75 and gave the stock a “buy” rating in a report on Monday, August 22nd.

Hedge Funds Weigh In On Gol Linhas Aéreas Inteligentes

Large investors have recently made changes to their positions in the business. Stelac Advisory Services LLC increased its holdings in shares of Gol Linhas Aéreas Inteligentes by 61.5% in the 1st quarter. Stelac Advisory Services LLC now owns 41,920 shares of the transportation company’s stock valued at $302,000 after purchasing an additional 15,960 shares during the period. Counterpoint Mutual Funds LLC acquired a new position in shares of Gol Linhas Aéreas Inteligentes in the 2nd quarter valued at about $78,000. U S Global Investors Inc. increased its holdings in shares of Gol Linhas Aéreas Inteligentes by 2.0% in the 1st quarter. U S Global Investors Inc. now owns 2,661,809 shares of the transportation company’s stock valued at $19,165,000 after purchasing an additional 51,334 shares during the period. Empyrean Capital Partners LP acquired a new position in Gol Linhas Aéreas Inteligentes in the first quarter worth approximately $730,000. Finally, Cerity Partners LLC acquired a new position in Gol Linhas Aéreas Inteligentes in the second quarter worth approximately $40,000. Institutional investors and hedge funds own 1.13% of the company’s stock.

Gol Linhas Aéreas Inteligentes Trading Down 0.6 %

NYSE GOL opened at $3.10 on Friday. The stock’s 50-day moving average price is $3.54 and its two-hundred day moving average price is $4.00. The company has a market cap of $648.92 million, a PE ratio of -0.78 and a beta of 1.07. Gol Linhas Aéreas Inteligentes has a 1 year low of $2.74 and a 1 year high of $7.94.

Gol Linhas Aéreas Inteligentes Company Profile

(Get Rating)

GOL Linhas Aéreas Inteligentes SA provides scheduled and non-scheduled air transportation services for passengers and cargo; and maintenance services for aircrafts and components in Brazil, rest of South America, the Caribbean, and the United States. The company offers Smiles frequent-flyer programs to approximately 19 million members, allowing clients to accumulate and redeem miles.

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