Brokerage Firm Rating Update on Gol Linhas Aereas Inteligentes S.A. (GOL)

Gol Linhas Aereas Inteligentes S.A. (GOL) : 3 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Gol Linhas Aereas Inteligentes S.A. (GOL). Zacks Investment Research suggests a Hold with a rank of 3. 2 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 5 Wall Street Analysts endorse the stock as a Sell with a rating of 3.66.

Gol Linhas Aereas Inteligentes S.A. (GOL) : Average target price received by Gol Linhas Aereas Inteligentes S.A. (GOL) is $13.17 with an expected standard deviation of $8.69. The most aggressive target on the stock is $23, whereas the most downbeat target is $7. 3 financial analysts are currently covering the stock.


Company shares have received an average consensus rating of Hold for the current week Also, Brokerage firm Credit Suisse upgrades its rating on Gol Linhas Aereas Inteligentes S.A. (NYSE:GOL). The shares have been rated Neutral. Previously, the analysts had a Underperform rating on the shares. The rating by the firm was issued on August 26, 2016.

Gol Linhas Aereas Inteligentes S.A. (NYSE:GOL): The stock opened at $22.2 and touched an intraday high of $22.97 on Wednesday. During the day, the stock corrected to an intraday low of $22.2, however, the bulls stepped in and pushed the price higher to close in the green at $22.73 with a gain of 2.39% for the day. The total traded volume for the day was 92,994. The stock had closed at $22.2 in the previous trading session.

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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