Consensus Vale S.A.

Equities

VALE3

BRVALEACNOR0

Iron & Steel

Market Closed - Sao Paulo Other stock markets 04:12:07 2026-01-16 pm EST			5-day change	1st Jan Change
78.88 ^BRL	+9.37%		+5.57%	+9.62%

Jan. 14	LatAm stocks rise as geopolitical tensions lift commodity prices	RE
Jan. 12	Capital World Investors reaches 5.02% stake in Brazil's Vale	RE

Evolution of the Average Target: Vale S.A.

Evolution of the Target Price: Vale S.A.

Changes in Analyst Recommendations: Vale S.A.

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Analysts' recommendations: Vale S.A.

Jan. 08	Scotiabank Downgrades Vale to Sector Perform, Price Target is $15	MT
Dec. 16	Morgan Stanley Upgrades Vale S.A to Overweight From Equal Weight, Adjusts PT to $15 From $13	MT
Dec. 10	Vale Emerges as 'Clear Winner' From Simandou Delay, RBC Says	MT
Dec. 10	RBC Upgrades Vale to Outperform From Sector Perform, Raises Price Target to $14.20 From $11	MT
Dec. 08	UBS Adjusts Vale Price Target to $12 From $11, Maintains Neutral Rating	MT
25-10-16	Brazil raw steel output falls 3.2% in September, industry group says	RE
25-10-08	Wells Fargo Initiates Coverage on Vale With Equal Weight Rating, $11 Price Target	MT
25-10-06	UBS Adjusts Vale S.A Price Target to $11 From $10, Maintains Neutral Rating	MT
25-09-18	Deutsche Bank Lifts Price Target on Vale to $12 From $11.50, Keeps Hold Rating	MT
25-09-18	Scotiabank Upgrades Vale to Sector Outperform From Sector Perform, Adjusts PT to $14 From $12.50	MT
25-09-10	RBC Lifts Price Target on Vale to $11 From $10.50, Keeps Sector Perform Rating	MT
25-08-20	RBC Trims Price Target on Vale to $10.50 From $11, Keeps Sector Perform Rating	MT
25-08-04	UBS Adjusts Price Target on Vale to $10 From $9, Maintains Neutral Rating	MT
25-05-12	CICC Initiates Vale S.A at Outperform With $11.30 Price Target	MT
25-04-28	UBS Adjusts Price Target on Vale to $9 From $10.50, Maintains Neutral Rating	MT
25-04-17	Vale's Outperformance Unlikely to Continue Amid Iron Ore Price Challenges, RBC Says	MT
25-04-17	RBC Downgrades Vale to Sector Perform From Outperform, Cuts Price Target to $11 From $12	MT
25-04-10	BofA Securities Upgrades Vale S.A to Buy, Price Target is $11.50	MT
25-03-13	RBC Lifts Price Target on Vale to $12 From $11.80, Keeps Outperform Rating	MT
25-03-12	UBS Adjusts Price Target on Vale to $10.50 From $11.50, Maintains Neutral Rating	MT
25-01-15	RBC Cuts Price Target on Vale to $11.50 From $16, Keeps Outperform Rating	MT
25-01-08	Wolfe Research Upgrades Vale to Peer Perform From Underperform	MT
24-12-12	Morgan Stanley Downgrades Vale S.A to Equal Weight From Overweight	MT
24-11-11	UBS Downgrades Vale to Neutral From Buy, Adjusts Price Target to $11.50 From $14	MT
24-10-09	Wolfe Research Downgrades Vale to Underperform From Peer Perform	MT

More recommendations

Sector Comparison:

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Analysts' recommendations evolution (4 months)	Financial estimates divergence	Analysts' Target price divergence	Objective/dr gap
VALE S.A.				+0.64%
FORTESCUE LTD				-13.48%
KUMBA IRON ORE LIMITED				-6.26%
CSN MINERAÇÃO S.A.				-0.9%
HBIS RESOURCES CO., LTD.			-	+0.69%
BRADESPAR S.A.	-	-	-	-11.62%
CAP S.A.				-31.04%
LABRADOR IRON ORE ROYALTY CORPORATION	-			-1.95%
Average				-7.99%
Weighted average by Cap.				-5.47%

See all sector consensus

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

14.67USD

Average target price

14.77USD

Spread / Average Target

+0.64%

High Price Target

16.09USD

Spread / Highest target

+9.66%

Low Price Target

12.73USD

Spread / Lowest Target

-13.21%

Analyst Consensus Detail

Consensus revision (last 18 months)

Analysts covering the company

Scotiabank
Morgan Stanley
RBC Capital Markets
UBS
Wells Fargo Securities
Deutsche Bank Securities
CICC Research
BofA Securities
Wolfe Research
BNP Paribas Exane
Barclays
JPMorgan Chase
Goldman Sachs
BMO Capital
Jefferies & Co.
HSBC
Exane BNP Paribas