Equity research analysts have provided views on where they believe the stock will be trading in the future. According to Thomson Reuters, analysts are projecting a consensus target price of $10.02 on company shares.In order to arrive at a price target, analysts and investors alike use various metrics to determine where the stock might be headed. One of the most common is the Price to Earnings Ratio or P/E Ratio. This is calculated by taking the current share price and dividing it by the forecasted earnings per share. As of writing, VALE S.A. American Depositary has a price to earnings ratio of 13.74. Taking a step further, investors can also look to a firm’s price to earnings growth or PEG ratio. The stock has a current PEG of -10.62 .
Some other technicals to consider would be the moving averages of the company. In comparing the current price level of the equity to their moving averages, the shares are trading $0.39 off of the 50-day average of $9.30 and $0.41 away from the 200-day moving average of $9.28 .
Another important factor to consider when evaluating a stock’s current and future value are the 52 week high and low levels. As of the most recent bid at the time of writing, VALE S.A. American Depositary shares are trading -17.18% away from the 52-week high mark of 11.70 and +99.38% off the 52-week bottom of 4.86.