Gol Linhas Aéreas Inteligentes S.A. (NYSE:GOL – Get Rating) traded up 8.5% during mid-day trading on Thursday . The company traded as high as $3.70 and last traded at $3.69. 50,971 shares traded hands during trading, a decline of 97% from the average session volume of 1,987,358 shares. The stock had previously closed at $3.40.
Analyst Upgrades and Downgrades
A number of equities analysts have issued reports on the company. Seaport Res Ptn raised Gol Linhas Aéreas Inteligentes from a “neutral” rating to a “buy” rating in a research note on Tuesday, April 26th. Deutsche Bank Aktiengesellschaft reduced their price objective on Gol Linhas Aéreas Inteligentes from $10.00 to $6.00 in a research note on Tuesday, July 19th. Barclays lowered Gol Linhas Aéreas Inteligentes from an “overweight” rating to an “equal weight” rating and reduced their price objective for the stock from $9.00 to $4.00 in a research note on Wednesday, July 6th. Finally, The Goldman Sachs Group reduced their price objective on Gol Linhas Aéreas Inteligentes from $8.05 to $4.95 and set a “buy” rating for the company in a research note on Tuesday, July 5th. Two analysts have rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $5.76.
Gol Linhas Aéreas Inteligentes Stock Up 2.1 %
The stock has a fifty day moving average price of $3.83 and a 200-day moving average price of $5.53.
Institutional Trading of Gol Linhas Aéreas Inteligentes
Gol Linhas Aéreas Inteligentes Company Profile
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.
- Get a free copy of the StockNews.com research report on Gol Linhas Aéreas Inteligentes (GOL)
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