Gol Linhas Aereas Inteligentes SA (GOL) Hits New 52-Week High at $22.34
Gol Linhas Aereas Inteligentes SA (NYSE:GOL) hit a new 52-week high during trading on Tuesday . The stock traded as high as $22.34 and last traded at $22.27, with a volume of 72,883 shares changing hands. The stock had previously closed at $21.34.
Several equities research analysts have commented on the stock. Bank of America Corp. set a $23.00 target price on shares of Gol Linhas Aereas Inteligentes SA and gave the company a “hold” rating in a research note on Sunday. Zacks Investment Research downgraded shares of Gol Linhas Aereas Inteligentes SA from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 18th. Deutsche Bank AG raised shares of Gol Linhas Aereas Inteligentes SA from a “sell” rating to a “hold” rating in a research note on Wednesday, July 20th. Finally, Credit Suisse Group AG raised shares of Gol Linhas Aereas Inteligentes SA from an “underperform” rating to a “neutral” rating in a research note on Friday, August 26th. One research analyst has rated the stock with a sell rating and seven have issued a hold rating to the company. Gol Linhas Aereas Inteligentes SA currently has a consensus rating of “Hold” and an average target price of $7.25.
The company’s market capitalization is $766.25 million. The firm’s 50-day moving average is $17.89 and its 200-day moving average 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.
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