Barclays analyst Amos Fletcher maintained a Buy rating on Vale SA (VALE - Research Report) on December 7 and set a price target of $14.00. The company's shares closed yesterday at $16.43.According to TipRanks, Fletcher is an analyst with an average return of -2.0% and a 53.05% success rate. Fletcher covers the Basic Materials sector, focusing on stocks such as Vale SA, BHP Group Ltd, and FRESNILLO.The word on The Street in general, suggests a Strong Buy analyst consensus rating for Vale SA with a $18.00 average price target, which is a 9.56% upside from current levels.
https://www.tipranks.com/news/blurbs/new-buy-rating-for-vale-sa-vale-the-basic-materials-giant-4?utm_source=advfn.com&utm_medium=referral
Vale (NYSE:VALE)
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