Stock of The Day: Could Gol Linhas Aereas Inteligentes SA (ADR) See a Reversal After This Very Strong Session?

Stock of The Day: Could Gol Linhas Aereas Inteligentes SA (ADR) See a Reversal After This Very Strong Session?

The stock of Gol Linhas Aereas Inteligentes SA (ADR) (NYSE:GOL) is a huge mover today! About 230,402 shares traded hands or 5.05% up from the average. Gol Linhas Aereas Inteligentes SA (ADR) (NYSE:GOL) has risen 135.75% since April 14, 2016 and is uptrending. It has outperformed by 131.07% the S&P500.
The move comes after 5 months positive chart setup for the $360.52 million company. It was reported on Nov, 16 by Barchart.com. We have $41.36 PT which if reached, will make NYSE:GOL worth $486.70 million more.

Gol Linhas Aereas Inteligentes SA (ADR) (NYSE:GOL) Ratings Coverage

Out of 10 analysts covering Gol Linhas Aereas Inteligentes Sa (NYSE:GOL), 1 rate it a “Buy”, 2 “Sell”, while 7 “Hold”. This means 10% are positive. Gol Linhas Aereas Inteligentes Sa has been the topic of 14 analyst reports since August 19, 2015 according to StockzIntelligence Inc. The rating was upgraded by JP Morgan on Monday, March 28 to “Neutral”. Bank of America upgraded Gol Linhas Aereas Inteligentes SA (ADR) (NYSE:GOL) on Friday, August 5 to “Neutral” rating. The rating was downgraded by JP Morgan on Wednesday, September 9 to “Underweight”. Deutsche Bank downgraded it to “Hold” rating and $1.0 target price in Tuesday, January 5 report. The stock of Gol Linhas Aereas Inteligentes SA (ADR) (NYSE:GOL) earned “Neutral” rating by Credit Suisse on Friday, August 26. The stock of Gol Linhas Aereas Inteligentes SA (ADR) (NYSE:GOL) has “Hold” rating given on Wednesday, July 20 by Deutsche Bank. Goldman Sachs upgraded it to “Neutral” rating and $1.25 target price in Tuesday, February 2 report. The rating was downgraded by UBS on Tuesday, September 22 to “Sell”. Citigroup upgraded it to “Neutral” rating and $22.50 target price in Monday, November 7 report. Credit Suisse downgraded Gol Linhas Aereas Inteligentes SA (ADR) (NYSE:GOL) on Thursday, December 10 to “Underperform” rating.

According to Zacks Investment Research, “GOL Linhas Aereas Inteligentes is a low-cost, low-fare airline.”

More news for Gol Linhas Aereas Inteligentes SA (ADR) (NYSE:GOL) were recently published by: Marketwatch.com, which released: “GOL Linhas Aereas Inteligentes SA ADR” on May 18, 2009. Quotes.Wsj.com‘s article titled: “DOW JONES, A NEWS CORP COMPANY” and published on February 11, 2011 is yet another important article.

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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