Gol Linhas Aéreas Inteligentes (NYSE:GOL – Get Rating) was upgraded by StockNews.com from a "hold" rating to a "buy" rating in a report issued on Friday.

Other equities analysts have also recently issued reports about the company. Barclays lowered their price objective on Gol Linhas Aéreas Inteligentes from $4.00 to $3.50 in a research report on Thursday. Bank of America began coverage on Gol Linhas Aéreas Inteligentes in a research report on Wednesday, March 15th. They issued an "underperform" rating on the stock. The Goldman Sachs Group lowered their price objective on Gol Linhas Aéreas Inteligentes from $5.60 to $4.80 and set a "buy" rating on the stock in a research report on Wednesday, April 5th. Finally, UBS Group raised Gol Linhas Aéreas Inteligentes from a "sell" rating to a "neutral" rating in a report on Monday, March 20th. One analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $4.77.

Gol Linhas Aéreas Inteligentes Price Performance

Shares of NYSE:GOL opened at $2.68 on Friday. Gol Linhas Aéreas Inteligentes has a 1 year low of $2.00 and a 1 year high of $6.59. The company has a market cap of $561.00 million, a PE ratio of -0.84 and a beta of 1.17. The stock's 50-day moving average is $2.53 and its 200 day moving average is $2.87.

Gol Linhas Aéreas Inteligentes (NYSE:GOL – Get Rating) last posted its earnings results on Wednesday, March 8th. The transportation company reported ($0.35) earnings per share for the quarter, missing analysts' consensus estimates of ($0.19) by ($0.16). The business had revenue of $898.21 million during the quarter, compared to analysts' expectations of $915.56 million. Analysts expect that Gol Linhas Aéreas Inteligentes will post -0.15 EPS for the current fiscal year.

Institutional Trading of Gol Linhas Aéreas Inteligentes

Several institutional investors have recently added to or reduced their stakes in GOL. Quantbot Technologies LP lifted its stake in Gol Linhas Aéreas Inteligentes by 442.3% in the third quarter. Quantbot Technologies LP now owns 7,700 shares of the transportation company's stock worth $25,000 after purchasing an additional 6,280 shares during the last quarter. Quadrant Capital Group LLC lifted its stake in Gol Linhas Aéreas Inteligentes by 535.2% in the fourth quarter. Quadrant Capital Group LLC now owns 11,929 shares of the transportation company's stock worth $32,000 after purchasing an additional 10,051 shares during the last quarter. Creative Planning bought a new stake in Gol Linhas Aéreas Inteligentes in the fourth quarter worth about $33,000. Signaturefd LLC lifted its stake in Gol Linhas Aéreas Inteligentes by 179.3% in the fourth quarter. Signaturefd LLC now owns 14,522 shares of the transportation company's stock worth $39,000 after purchasing an additional 9,322 shares during the last quarter. Finally, Virtu Financial LLC purchased a new position in shares of Gol Linhas Aéreas Inteligentes during the fourth quarter worth approximately $50,000. Institutional investors own 0.81% of the company's stock.

About Gol Linhas Aéreas Inteligentes

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GOL Linhas Aereas Inteligentes SA engages in the provision of air transportation for passengers and cargo. It operates its business through the Air Transportation and Loyalty Program segments. The Air Transportation segment includes services for regular and non-scheduled national and international passengers, cargo, and mail bags.

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