VALE

In a report released yesterday, David Gagliano from BMO Capital maintained a Buy rating on Vale SA (VALE - Research Report), with a price target of $16.00. The company's shares closed yesterday at $12.94.Gagliano covers the Basic Materials sector, focusing on stocks such as Steel Dynamics, United States Steel, and Alcoa. According to TipRanks, Gagliano has an average return of 4.9% and a 45.18% success rate on recommended stocks. The word on The Street in general, suggests a Hold analyst consensus rating for Vale SA with a $15.42 average price target, a 19.17% upside from current levels.
https://www.tipranks.com/news/blurbs/vale-sa-vale-receives-a-buy-from-bmo-capital?utm_source=advfn.com&utm_medium=referral