Vetr Inc. disclosed Vale SA (ADR) (NYSE:VALE), hiking its price target to $5.84 earlier today
- Updated: September 28, 2016
Having a price of $5.44, Vale SA (ADR) (NYSE:VALE) traded 3.86% higher on the day. With the last close up 13.45% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. VALE has recorded a 50-day average of $5.52 and a two hundred day average of $4.98. Trade Volume was down over the average, with 18,909,076 shares of VALE changing hands under the typical 23,968,600
Reporting a potential upside of 0.07%, Vetr Inc. upped the price target of Vale SA (ADR) (NYSE:VALE) to $5.84
On Wednesday September 21, 2016, Vetr Inc. released a statement on Vale SA (ADR) (NYSE:VALE) upped the target price from $0.00 to $5.84 that suggested an upside of 0.14%.
Recent Performance Chart
Vale SA (ADR) has with a one year low of $2.13 and a one year high of $6.26 and has a market capitalization of $0.
A total of 5 analysts have released a report on Vale SA (ADR). One analyst rating the company a strong buy, zero analysts rating the company a buy, two analysts rating the company a hold, zero analysts rating the company a underperform, and finally one analyst rating the company a sell with a 12-month price target of $4.03.
General Company Details For Vale SA (ADR) (NYSE:VALE)
Vale S.A. (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. Its Coal segment consists of the extraction of coal and its logistic services. Its Base metals segment includes the production and extraction of non-ferrous minerals, and is presented as nickel and its by-products (ferro-nickel, copper, precious metals and others) and copper. Its Fertilizers segment includes the production of the three major groups of nutrients and other fertilizers products. Its Others segment consists of sales and expenses of other products, services and investments in joint ventures and associate in other businesses.
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