Wall Street Stock Recommendations: Vale S.A. (VALE), MetLife, Inc. (MET)

Vale S.A. (NYSE:VALE) was more active in the last trading session as around 30.42 million shares exchanged hands on Wall Street, representing an increase from its normal capacity of 28.25 million shares. A -2.82% change after the initial price of $10.98, sent the closing price to $10.7.

Vale S.A. (VALE) Analyst Opinion

Vale S.A. has a consensus outperform rating from 23 Wall Street analysts, and the number of shares currently sold short amount to at least 3.54% of shares outstanding. The stock spiked 9.3% last month and is up 45.05 this year. Wall Street is only getting more bullish on the stock, with 13 of analysts who cover VALE having a buy-equivalent rating. Analysts have placed a $11.43 price target on Vale S.A., suggesting a 6.82% gain from recent close. It’s currently trading about -8.66% below its 52-week high.

Vale S.A. Earnings Surprise

Vale S.A. (VALE) surprised the stock market in its last reported earnings when it earned $0.4 a piece versus the consensus-estimated $0.33. Its revenue totaled $9.04 billion up 25% from the previous quarter.

Vale S.A. (NYSE:VALE) Intraday View

This stock (VALE) is ahead of its 52-week low with 46.59%. Its last month’s stock price volatility remained 2.71% which for the week stands at 2.61%. The share price has moved forward from its 20 days moving average, trading at a distance of 3.27% and stays 4.78% away from its 50 days moving average. Over the last five days, shares have faced -0.65% losses and now is up 12.17% since hitting its 200-day moving average of $9.68. Vale S.A. (VALE) has made its way to a 12-month gain of 30.19%.

Turning to MetLife, Inc. (NYSE:MET), its shares were trading at $53.68 a gain of $0.13, on the trading floor. The stock, after opening at $54, touched a high of $54.3 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.4. MetLife, Inc. has 3 buy ratings, 6 holds and 1 sells even after the stock tumbled -3.99% from its high of $55.91 to a $56.36 billion market value through last close.

MetLife, Inc. (MET) Consensus Price Target

The company’s consensus rating on Reuter’s scale improved from 2.25 to 2.38 during a month. Analysts set a 12-month price target of $56.33 a share. The target implies a 4.94% spike from where the shares are currently trading. Also, the current price highlights a discount of 15.5% to analysts’ high consensus price target.

MetLife, Inc. (NYSE:MET) Intraday Trading

The counter witnessed a trading volume of 5.53 million shares versus an average volume of 4.48 million shares during last trading session. Its last month’s stock price volatility remained 1.76% which for the week approaches 1.57%. The lowest price the stock reached in the last trading day was $53.39 and compares with the $44.18 52-week low. The stock recovered 21.52% since its low point and has performed 11.78% year-to-date.

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