Zacks Rating on Gogo (GOGO)

Gogo (GOGO) : The consensus on Gogo (GOGO) based on 5 analyst recommendation on the company stock is 2.4, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 1 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.

Gogo (GOGO) : The most positive equity analysts on Gogo (GOGO) expects the shares to touch $14, whereas, the least positive believes that the stock will trade at $8 in the short term. The company is covered by 2 Wall Street Brokerage Firms. The average price target for shares are $11 with an expected fluctuation of $4.24 from the mean.


Shares of Gogo Inc. rose by 0.85% in the last five trading days and 42.91% for the last 4 weeks. Gogo Inc. is up 23.85% in the last 3-month period. Year-to-Date the stock performance stands at -33.2%. Gogo (NASDAQ:GOGO): stock turned positive on Tuesday. Though the stock opened at $11.77, the bulls momentum made the stock top out at $11.97 level for the day. The stock recorded a low of $11.71 and closed the trading day at $11.89, in the green by 1.36%. The total traded volume for the day was 577,942. The stock had closed at $11.73 in the previous days trading.

Gogo Inc. is a holding company. The Company is an aero communications service provider. The Company operates through three segments: Commercial Aviation North America (CA-NA), Commercial Aviation Rest of World (CA-ROW) and Business Aviation (BA). Its services include global network solutions, which include ATG/ATG-4, Ku/2Ku, Global Xpress and Iridium and SwiftBroadband (SBB); equipment and equipment related services, which include a package of airborne equipment for its ATG/ATG-4 and satellite services; passenger services, which include passenger connectivity, passenger entertainment and portal content; airline/owner/operator services, which include account support, network monitoring and management services, passenger support services and portal design, development and hosting, and operations-oriented communications services, which include providing commercial airlines and business aircraft owners and operators the access to use applications requiring connectivity.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.