StockNews.com Begins Coverage on Gol Linhas Aéreas Inteligentes (NYSE:GOL)

StockNews.com started coverage on shares of Gol Linhas Aéreas Inteligentes (NYSE:GOL – Get Rating) in a research note published on Thursday. The firm issued a hold rating on the transportation company’s stock.

Separately, Bank of America began coverage on shares of Gol Linhas Aéreas Inteligentes in a research report on Wednesday. They set an underperform rating for the company. One research 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 data from MarketBeat, the company presently has a consensus rating of Hold and an average target price of $5.25.

Gol Linhas Aéreas Inteligentes Trading Down 4.9 %

GOL stock opened at $2.70 on Thursday. The company has a 50 day simple moving average of $2.73 and a 200 day simple moving average of $3.14. Gol Linhas Aéreas Inteligentes has a 1 year low of $2.00 and a 1 year high of $7.94.

Institutional Investors Weigh In On Gol Linhas Aéreas Inteligentes

A number of institutional investors have recently added to or reduced their stakes in GOL. American Century Companies Inc. bought a new stake in Gol Linhas Aéreas Inteligentes during the 1st quarter worth approximately $87,000. HighTower Advisors LLC grew its holdings in Gol Linhas Aéreas Inteligentes by 3.1% during the 1st quarter. HighTower Advisors LLC now owns 85,750 shares of the transportation company’s stock worth $618,000 after acquiring an additional 2,550 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Gol Linhas Aéreas Inteligentes by 1.3% in the 1st quarter. Vanguard Group Inc. now owns 698,744 shares of the transportation company’s stock valued at $5,031,000 after purchasing an additional 8,670 shares during the last quarter. Engineers Gate Manager LP bought a new stake in shares of Gol Linhas Aéreas Inteligentes in the 1st quarter valued at $760,000. Finally, State Street Corp boosted its stake in shares of Gol Linhas Aéreas Inteligentes by 3.8% in the 1st quarter. State Street Corp now owns 64,556 shares of the transportation company’s stock valued at $465,000 after purchasing an additional 2,340 shares during the last quarter. 0.81% of the stock is owned by institutional investors.

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.