Vale SA (VALE) Stock Climbs 6.9% This Week: What’s Next?

 

Vale SA (VALE) stock is up nearly 7% this week. VALE stock is down -4.5% over the last 12 months, and the average rating from Wall Street analysts is a Hold. Stock Score Report, InvestorsObserver’s proprietary scoring system, gives VALE stock a score of 40 out of a possible 100.

That score is mainly influenced by a long-term technical score of 39. VALE’s score also includes a fundamental score of 39. In addition to the average rating from Wall Street analysts, VALE stock has a mean target price of $14.14. This means analysts expect the stock to climb 16.67% over the next 12 months. The short-term technical score for VALE is 42.

Click Here to get the full Stock Score Report on Vale SA (VALE).

What’s Happening with VALE Stock Today

Vale SA (VALE) stock has risen 2.62% while the S&P 500 has gained 0.47% as of 10:50 AM on Thursday, Sep 12. VALE has gained $0.31 from the previous closing price of $11.81 on volume of 11,666,359 shares. Over the past year the S&P 500 has risen 4.40% while VALE is down -4.49%. VALE earned $0.64 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 18.81.

Symbols: VALE

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