News coverage about Vale (NYSE:VALE) has been trending negative this week, according to InfoTrie Sentiment. The research firm identifies positive and negative press coverage by reviewing more than 6,000 blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Vale earned a media sentiment score of -2.33 on their scale. InfoTrie also assigned media coverage about the basic materials company an news buzz score of 9 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock’s share price in the next few days.
Here are some of the news articles that may have effected Vale’s score:
- Vale boy’s mission to find cure for rare disease sees scientists bid for chance (msn.com)
- Swindon v Port Vale: John Askey on his future at Vale (stokesentinel.co.uk)
- KABARAK CHAPEL: The lyrical ‘brown church in the vale’ (standardmedia.co.ke)
- Port Vale fans: ‘Mid table? – Look what happened last time’ (stokesentinel.co.uk)
- Auditor of Vale’s burst dam faces questions over other dam reviews – WSJ (seekingalpha.com)
A number of equities analysts have issued reports on VALE shares. Barclays set a $16.00 price target on Vale and gave the company a “buy” rating in a research note on Thursday, January 10th. Morgan Stanley downgraded Vale from an “overweight” rating to an “equal weight” rating and set a $11.40 price target for the company. in a research note on Thursday, February 7th. HSBC downgraded Vale from a “buy” rating to a “hold” rating and cut their price target for the company from $18.00 to $14.50 in a research note on Monday, January 28th. Jefferies Financial Group downgraded Vale from a “buy” rating to a “hold” rating and cut their price target for the company from $18.00 to $14.00 in a research note on Monday, January 28th. Finally, ValuEngine downgraded Vale from a “buy” rating to a “hold” rating in a research note on Friday, November 23rd. Three analysts have rated the stock with a sell rating, twelve have assigned a hold rating and four have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $13.90.
Shares of NYSE VALE opened at $13.20 on Friday. Vale has a twelve month low of $10.89 and a twelve month high of $16.13. The company has a market capitalization of $68.61 billion, a PE ratio of 9.78 and a beta of 1.13. The company has a current ratio of 1.65, a quick ratio of 1.21 and a debt-to-equity ratio of 0.37.
Vale Company Profile
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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