Brokerage Firm Rating on VALE S.A. (VALE)

VALE S.A. (VALE) : 2 brokerage houses believe that VALE S.A. (VALE) is a Strong Buy at current levels. 5 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on VALE S.A. (VALE). Zacks Investment Research suggests a Hold with a rank of 3. 2 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 9 Wall Street Analysts endorse the stock as a Hold with a rating of 3.

VALE S.A. (VALE) : Currently there are 9 street experts covering VALE S.A. (VALE) stock. The most bullish and bearish price target for the stock is $7 and $3 respectively for the short term. The average price target of all the analysts comes to $5.28. The estimated standard deviation from the target is $1.41.


Company shares have received an average consensus rating of Hold for the current week VALE S.A. (NYSE:VALE): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $5.88 and $5.71 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $5.90. The buying momentum continued till the end and the stock did not give up its gains. It closed at $5.88, notching a gain of 1.38% for the day. The total traded volume was 17,709,041 . The stock had closed at $5.80 on the previous day.

Vale S.A. (Vale) is a metals and mining company. The Company is also a producer of iron ore and iron ore pellets, and nickel. The Company also produces manganese ore, ferroalloys, metallurgical and thermal coal, copper, platinum group metals (PGMs), gold, silver, cobalt, potash, phosphates and other fertilizer nutrients. The Company operates through four business segments: Bulk Material, Base metals, Fertilizers and Other. The Bulk Material segment includes the production and extraction of ferrous minerals, and the extraction of coal and its logistic services (railroads, ports and terminals). The Base metals segment produces and extracts non-ferrous minerals. The Fertilizers segment produces three groups of nutrients, such as potash, phosphate and nitrogen. The Other segment includes sales and expenses of other products, services and investments in joint ventures and associate in other businesses.

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