Several brokerages have updated their recommendations and price targets on shares of Vale SA (NASDAQ: VALE) in the last few weeks:

  • 9/21/2016 – Vale SA was upgraded by analysts at Barclays PLC from an “underweight” rating to an “equal weight” rating. They now have a $5.11 price target on the stock.
  • 9/12/2016 – Vale SA was upgraded by analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating. They now have a $7.00 price target on the stock.
  • 9/8/2016 – Vale SA had its price target raised by analysts at Royal Bank Of Canada from $5.50 to $6.00. They now have a “sector perform” rating on the stock.
  • 9/8/2016 – Vale SA had its “sector perform” rating reaffirmed by analysts at RBC Capital Markets. They now have a $6.00 price target on the stock, up previously from $5.50.
  • 8/23/2016 – Vale SA was given a new $6.00 price target on by analysts at Jefferies Group. They now have a “hold” rating on the stock.
  • 8/9/2016 – Vale SA was upgraded by analysts at Morgan Stanley from an “underweight” rating to an “equal weight” rating. They now have a $6.20 price target on the stock, up previously from $4.80.

Shares of Vale SA (NASDAQ:VALE) traded down 0.274% during mid-day trading on Thursday, hitting $5.455. The company had a trading volume of 17,101,671 shares. Vale SA has a 12-month low of $2.13 and a 12-month high of $6.26. The firm’s market cap is $28.11 billion. The firm’s 50 day moving average is $5.59 and its 200-day moving average is $4.93.

Vale SA (Vale) is a metals and mining company. The Company is also a producer of iron ore and iron ore pellets, and nickel. The Company’s segments include Ferrous minerals, Coal, Base metals, Fertilizers and Others. Its Ferrous minerals segment consists of the production and extraction of ferrous minerals, as iron ore, pellets and its logistic services, manganese and ferroalloys, and other ferrous products and services.

5 Day Chart for NASDAQ:VALE

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