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Vale SA (ADR) (NYSE:VALE) has been upgraded to B- in a statement by TheStreet earlier today.

TheStreet has upgraded Vale SA (ADR) (NYSE:VALE) to B- in a statement released on 5/23/2017.

Previously on 5/22/2017, Vetr Inc. reported about Vale SA (ADR) (NYSE:VALE) increased the target price from $0.00 to $9.51 that suggested an upside of 0.13%.

Having a price of $8.46, Vale SA (ADR) (NYSE:VALE) traded 1.32% higher on the day. With the last close down 6.52% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.02% over the same period. VALE has recorded a 50-day average of $10.33 and a two hundred day average of $9.40. Trade Volume was down over the average, with 26,139,788 shares of VALE changing hands under the typical 29,207,800

Recent Performance Chart

Vale SA (ADR) (NYSE:VALE)

Vale SA (ADR) has price-earnings ratio of 14.44 with a one year low of $6.59 and a one year high of $11.72 and has a total market value of $0.

A total of 5 equity analysts have released a ratings update on VALE. One equity analyst rating the company a strong buy, zero equity analysts rating the company a buy, two equity analysts rating the company a hold, 0 brokers rating the stock a underperform, and finally 1 broker rating the stock a sell with a average stock price target of $4.03.

General Information About Vale SA (ADR) (NYSE:VALE)

Vale S.A. is a global producer of iron ore and iron ore pellets, key raw materials for steelmaking, and producer of nickel. The Company also produces copper, metallurgical and thermal coal, potash, phosphates and other fertilizer nutrients, manganese ore, ferroalloys, platinum group metals, gold, silver and cobalt. The Company's segments include Ferrous minerals, which comprises the production and extraction of ferrous minerals, as iron ore fines, iron ore pellets and its logistic services, manganese and ferroalloys and others ferrous products and services; Coal, which comprises the extraction of metallurgical and thermal coal and its logistic services; Base metals, which includes the production and extraction of non-ferrous minerals, and are presented as nickel and its byproducts, and copper (copper concentrated), and Others, which comprises sales and expenses of other products, services and investments in joint ventures and associate in other business.

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