Gol Linhas Aereas Inteligentes SA (NYSE:GOL)’s share price traded up 9.3% during trading on Monday . The company traded as high as $21.47 and last traded at $21.34, with a volume of 471,200 shares. The stock had previously closed at $19.53.

A number of equities analysts have commented on the company. Credit Suisse Group AG raised Gol Linhas Aereas Inteligentes SA from an “underperform” rating to a “neutral” rating in a research note on Friday, August 26th. Bank of America Corp. raised Gol Linhas Aereas Inteligentes SA from an “underperform” rating to a “neutral” rating in a research note on Friday, August 5th. Deutsche Bank AG upgraded Gol Linhas Aereas Inteligentes SA from a “sell” rating to a “hold” rating in a research report on Wednesday, July 20th. Finally, Zacks Investment Research downgraded Gol Linhas Aereas Inteligentes SA from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 18th. One investment analyst has rated the stock with a sell rating and seven have assigned a hold rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $3.31.

The company’s market capitalization is $738.90 million. The company’s 50 day moving average price is $17.89 and its 200-day moving average price is $10.31.

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.