Report
EUR 13.66 For Business Accounts Only

VALE ON ADR 1:1 upgrades to Neutral based on its reduced risk exposure

The independent financial analyst theScreener just revised the risk rating of VALE ON ADR 1:1 (BR), active in the Steel industry. As regards its fundamental valuation, the title loses a star(s) and now shows 2 out of 4 stars. Its market behaviour, however, has improved and can be qualified as moderately risky. theScreener believes that the improved risk assessment offsets the loss of a star and merits an overall rating upgrade to Neutral. As of the analysis date December 31, 2021, the closing price was USD 14.02 and its expected value was estimated at USD 13.44.
Underlying
Vale S.A. ADS

Provider
TheScreener
TheScreener

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