Vale (VALE) Earning Critical Press Coverage, InfoTrie Reports

Media stories about Vale (NYSE:VALE) have been trending negative on Saturday, InfoTrie Sentiment reports. The research firm ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Vale earned a media sentiment score of -2.33 on their scale. InfoTrie also assigned news headlines about the basic materials company an news buzz score of 9 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company’s share price in the near term.

Here are some of the news articles that may have effected Vale’s score:

Shares of NYSE VALE opened at $13.20 on Friday. Vale has a fifty-two week low of $10.89 and a fifty-two week high of $16.13. The company has a market cap of $68.61 billion, a price-to-earnings ratio of 9.78 and a beta of 1.13. The company has a quick ratio of 1.21, a current ratio of 1.65 and a debt-to-equity ratio of 0.37.

A number of brokerages have weighed in on VALE. ValuEngine raised shares of Vale from a “sell” rating to a “hold” rating in a research note on Monday, March 11th. Scotiabank downgraded shares of Vale from an “outperform” rating to a “sector perform” rating in a research note on Monday, March 4th. Goldman Sachs Group began coverage on shares of Vale in a research note on Tuesday, February 19th. They set a “neutral” rating for the company. Barclays reaffirmed a “buy” rating and set a $13.40 target price on shares of Vale in a research note on Thursday, February 7th. Finally, Morgan Stanley downgraded shares of Vale from an “overweight” rating to an “equal weight” rating and set a $11.40 target price for the company. in a research note on Thursday, February 7th. Three analysts have rated the stock with a sell rating, twelve have assigned a hold rating and four have assigned a buy rating to the company. Vale presently has an average rating of “Hold” and a consensus target price of $13.90.

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About Vale

Vale SA, together with its subsidiaries, produces and sells iron ore and iron ore pellets for use as raw materials in steelmaking in Brazil and internationally. It operates through Ferrous Minerals, Coal, and Base Metals segments. The Ferrous Minerals segment produces and extracts iron ore and pellets, manganese, ferroalloys, and others ferrous products and services, as well as engages in the provision of related railroad, port, and terminal logistics services.

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