Gol Linhas Aereas Inteligentes S.A. (NYSE:GOL) was downgraded by stock analysts at ValuEngine from a “buy” rating to a “hold” rating in a note issued to investors on Wednesday.

Several other brokerages also recently weighed in on GOL. Zacks Investment Research downgraded shares of Gol Linhas Aereas Inteligentes from a “buy” rating to a “hold” rating in a research note on Tuesday. BidaskClub upgraded shares of Gol Linhas Aereas Inteligentes from a “hold” rating to a “buy” rating in a research note on Thursday, August 24th. Bank of America Corporation downgraded shares of Gol Linhas Aereas Inteligentes from a “buy” rating to a “neutral” rating in a research note on Thursday, May 18th. Finally, Citigroup Inc. downgraded shares of Gol Linhas Aereas Inteligentes from a “neutral” rating to a “sell” rating in a research note on Thursday, May 18th. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Gol Linhas Aereas Inteligentes currently has an average rating of “Hold” and a consensus target price of $21.83.

Shares of Gol Linhas Aereas Inteligentes (NYSE GOL) traded up 1.43% during trading on Wednesday, reaching $20.60. 120,693 shares of the company were exchanged. The firm’s market capitalization is $1.43 billion. Gol Linhas Aereas Inteligentes has a 1-year low of $5.77 and a 1-year high of $20.96. The company’s 50-day moving average is $16.49 and its 200 day moving average is $14.52.

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A number of institutional investors and hedge funds have recently made changes to their positions in the business. Bank of America Corp DE boosted its stake in Gol Linhas Aereas Inteligentes by 6.9% in the first quarter. Bank of America Corp DE now owns 13,973 shares of the transportation company’s stock valued at $370,000 after acquiring an additional 901 shares in the last quarter. SG Americas Securities LLC purchased a new position in shares of Gol Linhas Aereas Inteligentes in the first quarter worth $110,000. Goldman Sachs Group Inc. purchased a new position in shares of Gol Linhas Aereas Inteligentes in the first quarter worth $233,000. Virtu KCG Holdings LLC raised its holdings in shares of Gol Linhas Aereas Inteligentes by 89.3% in the second quarter. Virtu KCG Holdings LLC now owns 22,285 shares of the transportation company’s stock worth $253,000 after buying an additional 10,515 shares during the last quarter. Finally, KCG Holdings Inc. purchased a new position in shares of Gol Linhas Aereas Inteligentes in the first quarter worth $312,000. Institutional investors own 0.04% of the company’s stock.

Gol Linhas Aereas Inteligentes Company Profile

Gol Linhas Aereas Inteligentes SA (GOL) is an airline company. The Company is engaged in providing mobile geolocation services to its passengers and designing a Website featuring accessibility resources to assist people with visual and motor impairments. The Company operates through two segments: Air transportation and Loyalty program.

Analyst Recommendations for Gol Linhas Aereas Inteligentes (NYSE:GOL)

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