Gol Linhas Aereas Inteligentes SA (ADR) (NYSE:GOL) shares were up 3.64% on Monday when approximately 340,783.00 shares were traded, against the average daily trading volume of 164,470.00. Analysts at Credit Agricole recently upgraded the stock to Underperform from Buy. Gol Linhas Aereas Inteligentes SA (ADR) (NYSE:GOL) has a consensus Hold rating, according to Zacks Investment Research. No analyst has rated the stock with a sell rating, 4 have assigned a hold rating, Zero says it’s a buy, and 0 have assigned a strong buy rating to the company.
Analysts have a consensus target price of $22.47 in the 12-month period. The price objective is 12.63% higher than the recent closing price of $19.95. The 52-week price range is $2.60-$27.08 and the company has a market capitalization of $409.37 billion.
Gol Linhas Aéreas Inteligentes S.A. provides regular and non-regular flight transportation services for passengers, cargoes, and mailbags in Brazil and internationally. The company operates in two segments, Flight Transportation and Smiles Loyalty Program. As of December 31, 2015, it operated a fleet of 144 aircraft, which included 98 aircraft under operating leases and 46 aircraft under finance leases. It also develops and manages its own or third partys customer loyalty program, as well as sells redemption rights of awards related to the loyalty program. The company has a strategic partnership with Air France-KLM. Gol Linhas Aéreas Inteligentes S.A. was founded in 2001 and is based in Sao Paulo, Brazil.