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Vale SA (NASDAQ:VALE) has been given a consensus rating of “Hold” by the fourteen brokerages that are presently covering the stock, American Banking and Market News reports. One research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and six have issued a buy recommendation on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $17.11.

A number of analysts have recently weighed in on VALE shares. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Vale SA in a research note on Friday, May 9th. They now have a $21.00 price target on the stock, down previously from $25.00. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Vale SA in a research note on Friday, May 9th. They now have a $14.00 price target on the stock. Finally, analysts at Scotiabank reiterated a “sector perform” rating on shares of Vale SA in a research note on Tuesday, April 29th.

Shares of Vale SA (NASDAQ:VALE) opened at 13.296 on Friday. Vale SA has a 52 week low of $12.29 and a 52 week high of $17.14. The stock has a 50-day moving average of $13.85 and a 200-day moving average of $14.1. The company’s market cap is $68.519 billion. Vale SA also saw some unusual options trading activity on Tuesday. Traders acquired 12,889 put options on the company. This represents an increase of 118% compared to the typical daily volume of 5,900 put options.

Vale SA (NASDAQ:VALE) last released its earnings data on Wednesday, April 30th. The company reported $0.40 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.54 by $0.14. Analysts expect that Vale SA will post $1.99 EPS for the current fiscal year.

Vale SA (NASDAQ:VALE) is a Brazil-based metals and mining company.

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