The stock of Gol Linhas Aereas Inteligentes SA (ADR) (NYSE:GOL) is a huge mover today! About 124,174 shares traded hands. Gol Linhas Aereas Inteligentes SA (ADR) (NYSE:GOL) has risen 213.18% since March 15, 2016 and is uptrending. It has outperformed by 207.69% the S&P500.
The move comes after 6 months positive chart setup for the $469.33M company. It was reported on Oct, 18 by Barchart.com. We have $30.17 PT which if reached, will make NYSE:GOL worth $140.80 million more.
Analysts await Gol Linhas Aereas Inteligentes SA (ADR) (NYSE:GOL) to report earnings on November, 10. They expect $-1.60 earnings per share, up 92.49% or $19.70 from last year’s $-21.3 per share. After $0.10 actual earnings per share reported by Gol Linhas Aereas Inteligentes SA (ADR) for the previous quarter, Wall Street now forecasts -1,700.00% negative EPS growth.
Gol Linhas Aereas Inteligentes SA (ADR) (NYSE:GOL) Ratings Coverage
Out of 9 analysts covering Gol Linhas Aereas Inteligentes Sa (NYSE:GOL), 1 rate it a “Buy”, 2 “Sell”, while 6 “Hold”. This means 11% are positive. Gol Linhas Aereas Inteligentes Sa has been the topic of 13 analyst reports since August 19, 2015 according to StockzIntelligence Inc. The rating was upgraded by Bank of America to “Neutral” on Friday, August 5. The stock has “Hold” rating given by Deutsche Bank on Wednesday, July 20. The firm has “Sell” rating given on Tuesday, September 22 by UBS. JP Morgan upgraded the shares of GOL in a report on Monday, March 28 to “Neutral” rating. The rating was upgraded by Credit Suisse to “Neutral” on Friday, August 26. The stock of Gol Linhas Aereas Inteligentes SA (ADR) (NYSE:GOL) earned “Underweight” rating by JP Morgan on Wednesday, September 9. The stock of Gol Linhas Aereas Inteligentes SA (ADR) (NYSE:GOL) has “Hold” rating given on Tuesday, January 5 by Deutsche Bank. The firm earned “Hold” rating on Tuesday, August 25 by Zacks. The stock has “Neutral” rating given by Goldman Sachs on Tuesday, February 2. The rating was initiated by HSBC on Monday, November 23 with “Reduce”.
According to Zacks Investment Research, “GOL Linhas Aereas Inteligentes is a low-cost, low-fare airline.”
More recent Gol Linhas Aereas Inteligentes SA (ADR) (NYSE:GOL) news were published by: Marketwatch.com which released: “GOL Linhas Aereas Inteligentes SA ADR” on May 18, 2009. Also Quotes.Wsj.com published the news titled: “DOW JONES, A NEWS CORP COMPANY” on February 11, 2011. Benzinga.com‘s news article titled: “JPMorgan On LatAm Airlines: Gol Linhas Shares Upgraded” with publication date: March 28, 2016 was also an interesting one.
GOL Company Profile
Gol Linhas Aereas Inteligentes S.A., incorporated on March 12, 2004, is a holding company. The Firm is a low-cost carrier, which provides service on routes connecting all of Brazil’s cities in South America and selected tourist destinations in the Caribbean. The Firm operates through two divisions: flight transportation and Smiles loyalty program. The Company’s flight transportation segment provides air transportation services. The Company’s Smiles loyalty program segment includes the activities represented by miles sales transactions to airline and non- airline partners. The Firm has an operating fleet of approximately 7.7 years Boeing 737-700/800s, or Boeing 737 aircraft and its flight routes offer various number of daily departures among airlines in Latin America. It also offers its air cargo services, Gollog. The Firm offers approximately 860 daily flights to over 60 destinations connecting various cities in Brazil, as well as destinations in Argentina, Bolivia, Chile, Paraguay, Uruguay and the Caribbean.
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