A statement released earlier today by Zacks Investment Research about Gol Linhas Aereas Inteligentes SA (ADR) (NYSE:GOL) ups the target price to $24.00
- Updated: September 24, 2016
Having a price of $21.08, Gol Linhas Aereas Inteligentes SA (ADR) (NYSE:GOL) traded -2.37% lower on the day. With the last close up 73.38% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. GOL has recorded a 50-day average of $19.73 and a two hundred day average of $11.87. Trade Volume was down over the average, with 136,360 shares of GOL changing hands under the typical 262,233
In a statement issued on 09/23/2016 Zacks Investment Research raised the target of Gol Linhas Aereas Inteligentes SA (ADR) (NYSE:GOL) to $24.00 stating a potential upside of 0.14%.
On Thursday September 08, 2016, Morgan Stanley released a statement on Gol Linhas Aereas Inteligentes SA (ADR) (NYSE:GOL) upped the target price from $4.90 to $23.00 that suggested an upside of 0.01%.
With a total market value of $0, Gol Linhas Aereas Inteligentes SA (ADR) has with a 52 week low of $2.40 and a 52 week high of $24.12 .
In addition to Zacks Investment Research reporting its target price, a total of 7 firms have reported on the stock. The consensus target price is $10.89 with 0 firms rating the stock a strong buy, 1 firm rating the stock a buy, 5 firms rating the stock a hold, 2 firms rating the stock a underperform, and finally 1 firm rating the stock a sell.
About Gol Linhas Aereas Inteligentes SA (ADR) (NYSE:GOL)
Gol Linhas Aereas Inteligentes S.A. is a holding company. The Company 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 Company operates through two segments: flight transportation and Smiles loyalty program. The flight transportation segment provides air transportation services. The Smiles loyalty program segment includes the operations represented by miles sales transactions to airline and non-airline partners. The Company 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. It 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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