Vale SA Receives a Hold from RBC Capital

By Ryan Adsit

RBC Capital analyst Sam Crittenden reiterated a Hold rating on Vale SA (NYSE: VALE) on November 13 and set a price target of $11. The company’s shares closed yesterday at $9.77.

According to, Crittenden is ranked 0 out of 5 stars with an average return of -11.0% and a 40.0% success rate. Crittenden covers the Basic Materials sector, focusing on stocks such as Stillwater Mining Company, Hecla Mining Company, and Warrior Met Coal Llc.

Vale SA has an analyst consensus of Hold, with a price target consensus of $10.67.

Vale SA’s market cap is currently $47.98B and has a P/E ratio of 9.55. The company has a book value ratio of 1.1311.

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Vale SA engages in the production and exportation of iron ore, pellets, manganese, and iron alloys, which are raw materials needed for steelmaking. It operates through the following segments: Ferrous Minerals, Coal, Base Metals, Fertilizers and Others.