Gol Linhas Aereas Inteligentes SA (NYSE:GOL) has been assigned a consensus rating of “Hold” from the seven research firms that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation, two have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $10.34.

Several brokerages have weighed in on GOL. Zacks Investment Research raised Gol Linhas Aereas Inteligentes from a “hold” rating to a “buy” rating and set a $16.00 target price on the stock in a research report on Wednesday, March 13th. ValuEngine lowered Gol Linhas Aereas Inteligentes from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, March 27th.

Shares of GOL stock opened at $12.27 on Monday. Gol Linhas Aereas Inteligentes has a fifty-two week low of $4.43 and a fifty-two week high of $16.60. The stock has a market capitalization of $2.15 billion, a price-to-earnings ratio of -87.64 and a beta of -0.23.

Gol Linhas Aereas Inteligentes (NYSE:GOL) last issued its earnings results on Tuesday, April 30th. The transportation company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.33 by ($0.24). The business had revenue of $851.99 million during the quarter, compared to the consensus estimate of $841.76 million. Sell-side analysts anticipate that Gol Linhas Aereas Inteligentes will post 0.74 earnings per share for the current year.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Jane Street Group LLC increased its holdings in shares of Gol Linhas Aereas Inteligentes by 7.2% during the 4th quarter. Jane Street Group LLC now owns 11,594 shares of the transportation company’s stock valued at $150,000 after acquiring an additional 779 shares during the last quarter. Van ECK Associates Corp increased its holdings in shares of Gol Linhas Aereas Inteligentes by 0.9% during the 4th quarter. Van ECK Associates Corp now owns 129,362 shares of the transportation company’s stock valued at $1,753,000 after acquiring an additional 1,121 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of Gol Linhas Aereas Inteligentes by 7.6% during the 4th quarter. Bank of America Corp DE now owns 25,950 shares of the transportation company’s stock valued at $351,000 after acquiring an additional 1,828 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Gol Linhas Aereas Inteligentes by 0.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 762,247 shares of the transportation company’s stock valued at $10,314,000 after acquiring an additional 2,589 shares during the last quarter. Finally, US Bancorp DE acquired a new position in shares of Gol Linhas Aereas Inteligentes during the 1st quarter valued at about $47,000. 2.27% of the stock is currently owned by institutional investors and hedge funds.

About Gol Linhas Aereas Inteligentes

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

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