Buckingham Research cut shares of Gol Linhas Aereas Inteligentes (NYSE:GOL) from a buy rating to a neutral rating in a research note issued to investors on Tuesday, 24/7 WallStreet reports. The firm currently has $19.00 target price on the transportation company’s stock, down from their previous target price of $27.00.
Several other research firms have also recently commented on GOL. ValuEngine upgraded shares of Gol Linhas Aereas Inteligentes from a buy rating to a strong-buy rating in a research report on Saturday, May 4th. Morgan Stanley upgraded shares of Gol Linhas Aereas Inteligentes from an equal weight rating to an overweight rating and increased their price objective for the company from $14.50 to $18.00 in a report on Monday, June 10th. Zacks Investment Research cut shares of Gol Linhas Aereas Inteligentes from a buy rating to a hold rating in a report on Monday, April 29th. Finally, Goldman Sachs Group cut shares of Gol Linhas Aereas Inteligentes from a buy rating to a neutral rating and set a $16.80 price objective for the company. in a report on Wednesday, July 3rd. One research analyst has rated the stock with a sell rating, four have issued a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of Hold and a consensus target price of $15.56.
NYSE GOL opened at $17.74 on Tuesday. Gol Linhas Aereas Inteligentes has a 52 week low of $4.43 and a 52 week high of $23.30. The stock has a market cap of $3.37 billion, a price-to-earnings ratio of -126.71 and a beta of -0.14. The company has a 50-day moving average price of $20.18 and a two-hundred day moving average price of $15.31.
Gol Linhas Aereas Inteligentes Company Profile
GOL Linhas Aéreas Inteligentes SA provides air passenger transportation services in Brazil and rest of South America, the Caribbean, and the United States. The company operates through Flight Transportation and Smiles Loyalty Program segments. It also offers cargo transportation and logistics services.
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