Wall Street is positive on Vale SA (VALE). On average, analysts give VALE a Buy rating. The average price target is $17.363, which means analysts expect the stock to increase by 30.06% over the next twelve months.
That average ranking earns VALE an Analyst Rating of 16, which is better than 16% of stocks based on data compiled by InvestorsObserver.
Wall Street analysts are rating VALE a Buy today. Find out what this means to you and get the rest of the rankings on VALE!
Why are Analyst Ratings Important?
Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported.
InvestorsObserver takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.
What's Happening With Vale SA Stock Today?
Vale SA (VALE) stock is trading at $13.35 as of 10:19 AM on Monday, Aug 8, an increase of $0.15, or 1.14% from the previous closing price of $13.20. The stock has traded between $13.31 and $13.53 so far today. Volume today is low. So far 4,700,369 shares have traded compared to average volume of 33,654,658 shares.
Click Here to get the full Stock Report for Vale SA stock.