In a report released on October 14, Tyler Broda from RBC Capital maintained a Buy rating on Vale SA (VALE - Research Report), with a price target of $15.00. The company's shares closed yesterday at $13.28.According to TipRanks, Broda is a 4-star analyst with an average return of 3.4% and a 44.26% success rate. Broda covers the Basic Materials sector, focusing on stocks such as Vale SA, Anglo American, and BHP Group Ltd.The word on The Street in general, suggests a Hold analyst consensus rating for Vale SA with a $15.67 average price target.
https://www.tipranks.com/news/blurbs/vale-sa-vale-new-buy-recommendation-for-this-basic-materials-giant?utm_source=advfn.com&utm_medium=referral
Vale (NYSE:VALE)
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