Gol Linhas Aereas Inteligentes SA (ADR) (GOL) Can’t Be More Hot. Just Reaches 52-Week High

September 17, 2017 - By Linda Rogers

The stock of Gol Linhas Aereas Inteligentes SA (ADR) (NYSE:GOL) hit a new 52-week high and has $23.23 target or 7.00 % above today’s $21.71 share price. The 6 months bullish chart indicates low risk for the $877.95M company. The 1-year high was reported on Sep, 17 by Barchart.com. If the $23.23 price target is reached, the company will be worth $61.46M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 2.70% or $0.57 on September 15, reaching $21.71. About 240,081 shares traded or 4.00% up from the average. Gol Linhas Aereas Inteligentes SA (ADR) (NYSE:GOL) has risen 224.93% since September 17, 2016 and is uptrending. It has outperformed by 208.23% the S&P500.

Investors wait Gol Linhas Aereas Inteligentes SA (ADR) (NYSE:GOL) to report on November, 6. its quarterly earnings This translates into $7.28 million profit for GOL giving the stock a 30.15 P/E. This is assuming the current $0.18 EPS is accurate. Gol Linhas Aereas Inteligentes SA (ADR)’s Wall Street analysts see -108.49 % EPS growth, taking into account the $-2.12 EPS reproted in the previous quarter,

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

Among 10 analysts covering Gol Linhas Aereas Inteligentes Sa (NYSE:GOL), 3 have Buy rating, 1 Sell and 6 Hold. Therefore 30% are positive. Gol Linhas Aereas Inteligentes Sa has $22.50 highest and $1.0 lowest target. $5.95’s average target is -72.59% below currents $21.71 stock price. Gol Linhas Aereas Inteligentes Sa had 17 analyst reports since August 19, 2015 according to SRatingsIntel. The firm earned “Reduce” rating on Monday, November 23 by HSBC. The firm has “Hold” rating given on Tuesday, August 25 by Zacks. The company was upgraded on Thursday, February 2 by Deutsche Bank. The stock of Gol Linhas Aereas Inteligentes SA (ADR) (NYSE:GOL) has “Hold” rating given on Wednesday, July 20 by Deutsche Bank. Bank of America upgraded Gol Linhas Aereas Inteligentes SA (ADR) (NYSE:GOL) on Friday, August 5 to “Neutral” rating. The stock of Gol Linhas Aereas Inteligentes SA (ADR) (NYSE:GOL) has “Hold” rating given on Wednesday, April 5 by HSBC. The rating was downgraded by UBS to “Sell” on Tuesday, September 22. The firm has “Underweight” rating by JP Morgan given on Wednesday, September 9. The firm has “Neutral” rating by Goldman Sachs given on Tuesday, February 2. As per Monday, November 7, the company rating was upgraded by Citigroup.

More important recent Gol Linhas Aereas Inteligentes SA (ADR) (NYSE:GOL) news were published by: Quotes.Wsj.com which released: “GOL Linhas Aereas Inteligentes SA ADR” on February 11, 2011, also Benzinga.com published article titled: “Gol Linhas Still High Risk”, Benzinga.com published: “JPMorgan On LatAm Airlines: Gol Linhas Shares Upgraded” on March 28, 2016. More interesting news about Gol Linhas Aereas Inteligentes SA (ADR) (NYSE:GOL) was released by: Marketwatch.com and their article: “21.71” with publication date: May 18, 2009.

Gol Linhas Aereas Inteligentes S.A. is an airline company. The company has market cap of $877.95 million. The Firm is engaged in providing mobile geolocation services to its passengers and designing a Website featuring accessibility resources to assist people with visual and motor impairments. It currently has negative earnings. The Firm operates through two divisions: Air transportation and Loyalty program.

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