Media headlines about Vale (NYSE:VALE) have been trending somewhat positive recently, Accern reports. The research group identifies negative and positive news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Vale earned a coverage optimism score of 0.10 on Accern’s scale. Accern also assigned headlines about the basic materials company an impact score of 45.9942444146161 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the news headlines that may have effected Accern Sentiment Analysis’s analysis:
- Port Vale 0 0 15:00 Chesterfld (skysports.com)
- Architect’s drawings for new Port Vale bar revealed (stokesentinel.co.uk)
- South Koreans line up China shipyards for Vale VLOCs (tradewindsnews.com)
- Vale Downgraded to Hold as Iron Ore Price Slump Hits Miners (zacks.com)
- Vale (VALE) Downgraded by Zacks Investment Research (americanbankingnews.com)
VALE has been the subject of a number of recent analyst reports. Credit Suisse Group raised shares of Vale from a “neutral” rating to an “outperform” rating and raised their price objective for the stock from $11.32 to $15.00 in a research note on Tuesday, December 5th. Royal Bank of Canada set a $15.00 price objective on shares of Vale and gave the stock a “buy” rating in a research note on Tuesday, December 5th. Zacks Investment Research raised shares of Vale from a “hold” rating to a “strong-buy” rating and set a $16.00 price objective for the company in a research note on Monday, February 19th. Barclays set a $15.00 price objective on shares of Vale and gave the stock a “buy” rating in a research note on Monday, January 8th. Finally, Deutsche Bank lowered shares of Vale from a “buy” rating to a “hold” rating and raised their price objective for the stock from $12.00 to $12.50 in a research note on Tuesday, January 16th. Nine equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Vale currently has a consensus rating of “Buy” and an average target price of $13.18.
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Vale Company Profile
Vale SA is a global producer of iron ore and iron ore pellets, key raw materials for steelmaking, and producer of nickel. The Company also produces copper, metallurgical and thermal coal, potash, phosphates and other fertilizer nutrients, manganese ore, ferroalloys, platinum group metals, gold, silver and cobalt.
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