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A report released today by Bank of America Corp about Gol Linhas Aereas Inteligentes SA (ADR) (NYSE:GOL) raises the target price to $20.00

Yesterday Gol Linhas Aereas Inteligentes SA (ADR) (NYSE:GOL) traded -3.13% lower at $13.20. The company’s 50-day moving average is $13.91 and its 200-day moving average is $13.53. The last closing price is down 12.08% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same time period. 150,254 shares of the stock traded hands, down from an average trading volume of 379,155

Gol Linhas Aereas Inteligentes SA (ADR) (NYSE:GOL) had its target price raised to $20.00 by Bank of America Corp in a report released 7/05/2017. The upped price target implies a potential upside of 0.52% from the company's last closing price.

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

Gol Linhas Aereas Inteligentes SA (ADR) has a 52 week low of $5.77 and a 52 week high of $17.96 The company’s market cap is currently $0.

In addition to Bank of America Corp reporting its stock price target, a total of 7 brokers have issued a research note on the company. The average stock price target is $10.89 with 0 brokers rating the stock a strong buy, 1 broker rating the stock a buy, 5 brokers rating the stock a hold, 2 brokers rating the stock a underperform, and finally 1 broker rating the stock a sell.

General Information About Gol Linhas Aereas Inteligentes SA (ADR) (NYSE:GOL)

Gol Linhas Aereas Inteligentes S.A. (GOL) is an airline company. The Company 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. The Company operates through two segments: Air transportation and Loyalty program. Air transportation segment operations originate from its subsidiary Gol Linhas Aereas S.A. (GLA) for the provision of air transportation services. Its operations also include cargo operations and excess baggage. Loyalty program segment operations are represented by the sale of mileage to air and non-air partner companies, which includes the management of the program, the sale of reward redemption rights and the creation and management of an individual and corporate database. The Company's fleet has approximately 130 Boeing Boeing 737-700 and Boeing 737-800.

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