RBC Capital analyst Tyler Broda maintained a Buy rating on Vale SA (VALE - Research Report) on December 1 and set a price target of $16.00. The company's shares closed yesterday at $16.72.Broda covers the Basic Materials sector, focusing on stocks such as Vale SA, BHP Group Ltd, and Anglo American. According to TipRanks, Broda has an average return of 6.7% and a 51.97% success rate on recommended stocks. Vale SA has an analyst consensus of Strong Buy, with a price target consensus of $16.63, which is a -0.54% downside from current levels.
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