Barclays analyst Amos Fletcher maintained a Buy rating on Vale SA (VALE - Research Report) on September 12 and set a price target of $16.00. The company's shares closed yesterday at $13.15.According to TipRanks, Fletcher is an analyst with an average return of -3.0% and a 51.71% success rate. Fletcher covers the Basic Materials sector, focusing on stocks such as BHP Group Ltd, Vale SA, and FRESNILLO.Vale SA has an analyst consensus of Moderate Buy, with a price target consensus of $16.70, representing a 27.00% upside. In a report released on September 12, RBC Capital also upgraded the stock to a Buy with a $16.00 price target.
https://www.tipranks.com/news/blurbs/new-buy-rating-for-vale-sa-vale-the-basic-materials-giant?utm_source=advfn.com&utm_medium=referral
Vale (NYSE:VALE)
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