Zacks Rating on Gol Linhas Aereas Inteligentes S.A. (GOL)

Gol Linhas Aereas Inteligentes S.A. (GOL) : 5 analysts are covering Gol Linhas Aereas Inteligentes S.A. (GOL) and their average rating on the stock is 3.66, which is read as a Sell. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. However, 2 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. A total of 3 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Gol Linhas Aereas Inteligentes S.A. (GOL) : 3 investment research analysts covering Gol Linhas Aereas Inteligentes S.A. (GOL) have an average price target of $13.17 for the near short term. The highest target price given by the Brokerage Firm to the stock is $23 and the lowest target is $7 for the short term. Analysts expect the variance to be within $8.69 of the average price.

Gol

GOL Linhas Aereas Inteligentes S.A. has dropped 1.32% in the last five trading days, however, the shares have posted positive gains of 22.45% in the last 4 weeks. GOL Linhas Aereas Inteligentes S.A. is up 190.06% in the last 3-month period. Year-to-Date the stock performance stands at 253.16%. Gol Linhas Aereas Inteligentes S.A. (NYSE:GOL): stock turned positive on Tuesday. Though the stock opened at $19.71, the bulls momentum made the stock top out at $20.43 level for the day. The stock recorded a low of $19.6 and closed the trading day at $20.13, in the green by 4.73%. The total traded volume for the day was 252,977. The stock had closed at $19.22 in the previous days trading.

Gol Linhas Aereas Inteligentes SA (Gol) is a Brazil-based holding company primarily engaged in the passenger air transportation sector. Through its subsidiaries, such as VRG Linhas Aereas SA, GAC Inc and Gol Finance, the Company is involved in the provision of scheduled and non-scheduled passenger air transportation services, as well as cargo and mail bags freight air transportation. The Company offers national and international concessions. Additionally, it is involved in the provision of passenger air chartering services. Apart from Brazil, the Company carries out its activities in Cayman Islands. As of September 30, 2012, the Companys operational fleet totaled 147 aircrafts and its non-operating fleet consisted of three planes.

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