VALE has been the subject of several other research reports. Deutsche Bank Aktiengesellschaft cut Vale from a “buy” rating to a “hold” rating and raised their target price for the stock from $20.00 to $22.00 in a research report on Tuesday, April 5th. They noted that the move was a valuation call. Zacks Investment Research raised Vale from a “hold” rating to a “strong-buy” rating and set a $20.00 target price for the company in a research report on Tuesday, February 15th. Royal Bank of Canada cut their price objective on Vale from $20.00 to $18.00 and set a “sector perform” rating for the company in a report on Monday, April 25th. Exane BNP Paribas upgraded Vale from a “neutral” rating to an “outperform” rating and set a $20.50 price objective for the company in a report on Wednesday, February 9th. Finally, BNP Paribas upgraded Vale from a “neutral” rating to an “outperform” rating and set a $20.50 price objective for the company in a report on Wednesday, February 9th. One analyst has rated the stock with a sell rating, six have issued a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Vale presently has an average rating of “Buy” and an average target price of $19.88.
Shares of Vale stock opened at $18.54 on Tuesday. The stock has a market cap of $92.68 billion, a PE ratio of 4.36, a price-to-earnings-growth ratio of 1.12 and a beta of 0.96. The business has a fifty day simple moving average of $17.81 and a 200-day simple moving average of $16.59. The company has a quick ratio of 0.98, a current ratio of 1.33 and a debt-to-equity ratio of 0.45. Vale has a 12 month low of $11.16 and a 12 month high of $23.17.
Vale Company Profile (Get Rating)
Vale SA, together with its subsidiaries, produces and sells iron ore and iron ore pellets for use as raw materials in steelmaking in Brazil and internationally. The company operates through Ferrous Minerals and Base Metals segments. The Ferrous Minerals segment produces and extracts iron ore and pellets, manganese, ferroalloys, and other ferrous products; and provides related logistic services.
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