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Analysts Have Conflicting Sentiments on These Materials Companies: Vale SA (VALE) and Franco-Nevada (FNV)

Tipranks - Sat Feb 14, 9:54AM CST

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Vale SA (VALEResearch Report) and Franco-Nevada (FNVResearch Report).

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Vale SA (VALE)

In a report released today, Caio Ribeiro from Bank of America Securities maintained a Buy rating on Vale SA. The company’s shares closed last Friday at $16.60.

Ribeiro has an average return of 32.6% when recommending Vale SA. ;'>

According to TipRanks.com, Ribeiro is ranked #7362 out of 12109 analysts.

Currently, the analyst consensus on Vale SA is a Moderate Buy with an average price target of $16.25, which is a -2.6% downside from current levels. In a report issued on January 29, Barclays also maintained a Buy rating on the stock with a $15.50 price target.

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Franco-Nevada (FNV)

In a report released today, Lawson Winder from Bank of America Securities maintained a Hold rating on Franco-Nevada. The company’s shares closed last Friday at $248.86.

According to TipRanks.com, Winder is a 5-star analyst with an average return of 21.9% and a 59.9% success rate. Winder covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals, Pan American Silver, and Nexa Resources SA. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Franco-Nevada with a $284.54 average price target.

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