Citigroup Raises Gol Linhas Aereas Inteligentes SA to Neutral (GOL)

By admin | 6 years ago

Gol Linhas Aereas Inteligentes SA (NYSE: GOL) was upgraded by research analysts at Citigroup (NYSE: C) from a “sell” rating to a “neutral” rating in a report released on Monday.

Gol Linhas Aereas Inteligentes SA traded down 1.89% on Monday, hitting $5.20. Gol Linhas Aereas Inteligentes SA has a 52-week low of $5.03 and a 52-week high of $14.32. The company’s market cap is $1.387 billion.

Several other analysts have also recently commented on the stock. Analysts at Zacks upgraded shares of Gol Linhas Aereas Inteligentes SA from an “underperform” rating to a “neutral” rating in a research note to investors on Wednesday, April 25th. They now have a $5.75 price target on the stock. Separately, analysts at HSBC (NYSE: HBC) downgraded shares of Gol Linhas Aereas Inteligentes SA from an “overweight” rating to a “neutral” rating in a research note to investors on Monday, April 16th. Finally, analysts at Barclays Capital (NYSE: BCS) downgraded shares of Gol Linhas Aereas Inteligentes SA to an “equal weight” rating in a research note to investors on Monday, March 26th.

Gol Linhas Aereas Inteligentes S.A. (GoL) is a low-cost, low-fare airline in the world providing service on routes connecting all of Brazil’s cities and from Brazil to cities in South America and select touristic destinations in the Caribbean.

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