Zacks Rating on VALE S.A. (VALE)

VALE S.A. (VALE) : The consensus on VALE S.A. (VALE) based on 9 analyst recommendation on the company stock is 3, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 5 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 2 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.

VALE S.A. (VALE) : 9 Wall Street analysts covering VALE S.A. (VALE) believe that the average level the stock could reach for the short term is $5.28. The maximum price target given is $7 and the minimum target for short term is around $3, hence the standard deviation is calculated at $1.41.


Vale S.A. has dropped 1.34% in the last five trading days, however, the shares have posted positive gains of 10.13% in the last 4 weeks. Vale S.A. is up 50.13% in the last 3-month period. Year-to-Date the stock performance stands at 78.42%. VALE S.A. (NYSE:VALE): stock turned positive on Tuesday. Though the stock opened at $5.9, the bulls momentum made the stock top out at $5.98 level for the day. The stock recorded a low of $5.83 and closed the trading day at $5.87, in the green by 1.56%. The total traded volume for the day was 17,883,671. The stock had closed at $5.78 in the previous days trading.

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 also produces manganese ore, ferroalloys, metallurgical and thermal coal, copper, platinum group metals (PGMs), gold, silver, cobalt, potash, phosphates and other fertilizer nutrients. The Company operates through four business segments: Bulk Material, Base metals, Fertilizers and Other. The Bulk Material segment includes the production and extraction of ferrous minerals, and the extraction of coal and its logistic services (railroads, ports and terminals). The Base metals segment produces and extracts non-ferrous minerals. The Fertilizers segment produces three groups of nutrients, such as potash, phosphate and nitrogen. The Other segment includes sales and expenses of other products, services and investments in joint ventures and associate in other businesses.

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