Gol Linhas Aereas Inteligentes S.A. (GOL) Receives Price Target

Gol Linhas Aereas Inteligentes S.A. (GOL) : Currently there are 3 street experts covering Gol Linhas Aereas Inteligentes S.A. (GOL) stock. The most bullish and bearish price target for the stock is $23 and $7 respectively for the short term. The average price target of all the analysts comes to $13.17. The estimated standard deviation from the target is $8.69.

Gol Linhas Aereas Inteligentes S.A. (GOL) : The consensus on Gol Linhas Aereas Inteligentes S.A. (GOL) based on 5 analyst recommendation on the company stock is 3.66, which is interpreted as a Sell recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 3 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 2 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.


Also, Major Brokerage house, Credit Suisse upgrades its ratings on Gol Linhas Aereas Inteligentes S.A. (NYSE:GOL). According to the latest information available, the shares are now rated Neutral by the analysts at the agency. 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): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $19.53 and $19.32 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $19.64. The buying momentum continued till the end and the stock did not give up its gains. It closed at $19.53, notching a gain of 0.05% for the day. The total traded volume was 43,269 . The stock had closed at $19.52 on the previous day.

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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