Barclays analyst Amos Fletcher maintained a Buy rating on Vale SA (VALE - Research Report) yesterday and set a price target of $15.50. The company's shares closed yesterday at $14.33.According to TipRanks, Fletcher is an analyst with an average return of -3.0% and a 51.44% success rate. Fletcher covers the Basic Materials sector, focusing on stocks such as BHP Group Ltd, Vale SA, and FRESNILLO.Currently, the analyst consensus on Vale SA is a Hold with an average price target of $15.50, representing an 8.16% upside. In a report released on October 14, RBC Capital also maintained a Buy rating on the stock with a $15.00 price target.
https://www.tipranks.com/news/blurbs/new-buy-rating-for-vale-sa-vale-the-basic-materials-giant-2?utm_source=advfn.com&utm_medium=referral
Vale (NYSE:VALE)
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