Gol Linhas (GOL) Gets a Hold Rating from Raymond James


Raymond James analyst Savanthi Syth maintained a Hold rating on Gol Linhas (GOL) today. The company’s shares closed last Friday at $8.72.

According to TipRanks.com, Syth is a 4-star analyst with an average return of 10.0% and a 55.4% success rate. Syth covers the Industrial Goods sector, focusing on stocks such as United Airlines Holdings, Allegiant Travel Company, and Southwest Airlines.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Gol Linhas with a $15.50 average price target.

See today’s analyst top recommended stocks >>

Based on Gol Linhas’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $975 million and GAAP net loss of $1.72 billion. In comparison, last year the company earned revenue of $3.71 billion and had a GAAP net loss of $242 million.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

GOL Linhas Aéreas Inteligentes SA provides scheduled air transportation for passengers and cargo throughout Brazil and across Latin America. It operates its business through the Air Transportation and Loyalty Program segments. The Air Transportation segment, through GOLLOG, provides air transportation services including cargo transportation and logistics. The Loyalty Program segment, through the SMILES loyalty progam, engages in the sale of mileage to airline and non-airline partners. The company was founded in 2001 and is headquartered in Sao Paulo, Brazil.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts