Gol Linhas Aéreas Inteligentes (NYSE:GOL) Now Covered by StockNews.com

StockNews.com initiated coverage on shares of Gol Linhas Aéreas Inteligentes (NYSE:GOL – Get Rating) in a research report report 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 report on Wednesday. They issued an underperform rating for the company. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of Hold and a consensus target price of $5.25.

Gol Linhas Aéreas Inteligentes Trading Down 4.9 %

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

Institutional Trading of Gol Linhas Aéreas Inteligentes

Large investors have recently added to or reduced their stakes in the stock. Quantbot Technologies LP increased its holdings in Gol Linhas Aéreas Inteligentes by 442.3% during the third quarter. Quantbot Technologies LP now owns 7,700 shares of the transportation company’s stock worth $25,000 after buying an additional 6,280 shares during the last quarter. Cerity Partners LLC purchased a new stake in Gol Linhas Aéreas Inteligentes during the second quarter worth about $40,000. Quadrant Capital Group LLC increased its holdings in Gol Linhas Aéreas Inteligentes by 535.2% during the fourth quarter. Quadrant Capital Group LLC now owns 11,929 shares of the transportation company’s stock worth $32,000 after buying an additional 10,051 shares during the last quarter. American Century Companies Inc. purchased a new stake in Gol Linhas Aéreas Inteligentes during the first quarter worth about $87,000. Finally, Creative Planning bought a new position in Gol Linhas Aéreas Inteligentes during the fourth quarter worth about $33,000. Hedge funds and other 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.