What 4 Analyst Ratings Have To Say About Vale
Portfolio Pulse from Benzinga Insights
In the last quarter, Vale (NYSE:VALE) received three somewhat bullish ratings and one indifferent rating from analysts. The average 12-month price target for the company is $16.5, representing a 5.71% decrease from the previous average price target of $17.50.
June 28, 2023 | 6:01 pm
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NEUTRAL IMPACT
Vale received mostly somewhat bullish ratings from analysts, with an average 12-month price target of $16.5, a decrease from the previous target.
The somewhat bullish ratings indicate that analysts have a generally positive outlook on Vale, but the decrease in the average price target suggests that they expect the stock's value to decrease in the future.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100