Investment Analysts’ Recent Ratings Changes for Gol Linhas Aereas Inteligentes (GOL)

A number of research firms have changed their ratings and price targets for Gol Linhas Aereas Inteligentes (NYSE: GOL):

  • 8/9/2018 – Gol Linhas Aereas Inteligentes was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.
  • 7/31/2018 – Gol Linhas Aereas Inteligentes was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.
  • 7/25/2018 – Gol Linhas Aereas Inteligentes was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 7/25/2018 – Gol Linhas Aereas Inteligentes was upgraded by analysts at Citigroup Inc from a “neutral” rating to a “buy” rating. They now have a $10.00 price target on the stock.
  • 7/24/2018 – Gol Linhas Aereas Inteligentes was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Shares of Gol Linhas have shed more than 17% of its value on a year-to-date basis. High costs might hurt the carrier's bottom line in the second quarter. Apart from high fuel costs, expenses on the labor front may also hurt the bottom line. The carrier's June traffic result is also concerning. International traffic declined significantly causing a drop in total load factor. The turmoil in Brazil might have impeded travel to the nation. The carrier also has an unimpressive earnings history. The negativity revolving around the stock is evident from the Zacks Consenus Estimate for second-quarter earnings being pegged at a loss of 27 cents per share, wider than it was 60 days ago. However, the company's focus on capacity discipline and revenue management is impressive. Owing to this tailwind, the company expects an impressive performance on the unit revenue front in the second quarter.  “
  • 7/18/2018 – Gol Linhas Aereas Inteligentes was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating.
  • 7/17/2018 – Gol Linhas Aereas Inteligentes was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Shares of GOL Linhas have shed more than 27% of its value on a year-to-date bais. Adding to its woes the carrier reported modest numbers as far as its June traffic report was concerned. Load factor declined significantly on the international front due to the massive drop in traffic. The turmoil in Brazil might have impeded travel to the nation. Moreover, strikes and political uncertainty in Brazil might also have discouraged travel to the nation, leading to the drastic fall in international load factor. The negativity revolving around the stock is evident from the Zacks Consensus loss Estimate for the second-quarter has widened over the last 60 days. However, GOL's guidance on unit revenues for the second quarter is encouraging.”
  • 7/16/2018 – Gol Linhas Aereas Inteligentes is now covered by analysts at Goldman Sachs Group Inc. They set a “neutral” rating and a $6.02 price target on the stock.
  • 7/11/2018 – Gol Linhas Aereas Inteligentes was downgraded by analysts at ValuEngine from a “sell” rating to a “strong sell” rating.
  • 7/11/2018 – Gol Linhas Aereas Inteligentes was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Shares of GOL Linhas have shed more than 34% of its value on a year-to-date bais. Adding to its woes the carrier reported modest numbers as far as its June traffic report was concerned. Load factor declined significantly on the international front due to the massive drop in traffic. The turmoil in Brazil might have impeded travel to the nation. Moreover, strikes and political uncertainty in Brazil might also have discouraged travel to the nation, leading to the drastic fall in international load factor. The negativity revolving around the stock is evident from the Zacks Consensus Estimate for the current-year earnings being revised downward to the tune of 24% in the last 60 days. However, GOL's guidance on unit revenues for the second quarter is encouraging.”
  • 7/2/2018 – Gol Linhas Aereas Inteligentes was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.

GOL stock opened at $6.39 on Wednesday. The company has a current ratio of 0.48, a quick ratio of 0.45 and a debt-to-equity ratio of -1.54. The stock has a market capitalization of $1.09 billion, a price-to-earnings ratio of 23.67 and a beta of 2.03. Gol Linhas Aereas Inteligentes SA has a 1 year low of $5.06 and a 1 year high of $14.48.

A number of hedge funds have recently bought and sold shares of GOL. BlackRock Inc. acquired a new stake in Gol Linhas Aereas Inteligentes in the 4th quarter valued at about $4,096,000. Millennium Management LLC raised its position in shares of Gol Linhas Aereas Inteligentes by 138.3% during the 1st quarter. Millennium Management LLC now owns 610,939 shares of the transportation company’s stock worth $7,936,000 after acquiring an additional 354,588 shares in the last quarter. Renaissance Technologies LLC raised its position in shares of Gol Linhas Aereas Inteligentes by 7.2% during the 2nd quarter. Renaissance Technologies LLC now owns 3,366,798 shares of the transportation company’s stock worth $17,979,000 after acquiring an additional 225,043 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Gol Linhas Aereas Inteligentes by 32.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 757,258 shares of the transportation company’s stock worth $4,049,000 after acquiring an additional 184,442 shares in the last quarter. Finally, Deutsche Bank AG raised its position in shares of Gol Linhas Aereas Inteligentes by 137.3% during the 4th quarter. Deutsche Bank AG now owns 269,806 shares of the transportation company’s stock worth $2,363,000 after acquiring an additional 156,115 shares in the last quarter. 0.87% of the stock is currently owned by institutional investors.



GOL Linhas Aéreas Inteligentes SA provides scheduled air transportation services for passengers cargoes, and mailbags in Brazil and Latin America. The company operates through Flight Transportation and Smiles Loyalty Program segments. It also offers logistics services. In addition, the company offers Smiles loyalty programs with approximately 13.7 million members, allowing clients to accumulate and redeem miles.

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