Buckingham Research lowered shares of Gol Linhas Aereas Inteligentes (NYSE:GOL) from a buy rating to a neutral rating in a research note issued to investors on Tuesday, 24/7 WallStreet reports. They currently have $19.00 price objective on the transportation company’s stock, down from their prior price objective of $27.00.
Several other equities analysts also recently commented on GOL. Goldman Sachs Group downgraded shares of Gol Linhas Aereas Inteligentes from a buy rating to a neutral rating and set a $16.80 price objective on the stock. in a report on Wednesday, July 3rd. Morgan Stanley upgraded shares of Gol Linhas Aereas Inteligentes from an equal weight rating to an overweight rating and upped their price objective for the company from $14.50 to $18.00 in a report on Monday, June 10th. ValuEngine upgraded shares of Gol Linhas Aereas Inteligentes from a buy rating to a strong-buy rating in a report on Saturday, May 4th. Finally, Zacks Investment Research downgraded shares of Gol Linhas Aereas Inteligentes from a buy rating to a hold rating in a report on Monday, April 29th. One analyst has rated the stock with a sell rating, four have given a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Gol Linhas Aereas Inteligentes presently has a consensus rating of Hold and an average price target of $15.56.
NYSE:GOL opened at $19.27 on Tuesday. Gol Linhas Aereas Inteligentes has a one year low of $4.43 and a one year high of $23.30. The firm has a market capitalization of $3.58 billion, a P/E ratio of -137.64 and a beta of -0.14. The company has a fifty day moving average of $20.11.
About Gol Linhas Aereas Inteligentes
GOL Linhas Aéreas 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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