Investment analysts at Canaccord Genuity reduced their price target on shares of Vale SA (NYSE:VALE) from $20.00 to $19.00 in a note issued to investors on Thursday, AnalystRatings.Net reports. Canaccord Genuity’s price objective points to a potential upside of 34.09% from the company’s current price. Vale SA (ADR) (NYSE:VALE) stock opened at $13.43 in last trading session, and closed at $13.04, trading in the range of $13.00 – $13.44. The stock showed a negative weekly performance of -7.97%.
Goldman downgraded Alpha Natural Resources, Inc. (NYSE:ANR) to Sell citing its lower met coal forecasts and dropped its price target for shares to $4 from $6. Alpha Natural Resources, Inc. (NYSE:ANR) shares closed at $4.80 on last trade day, by losing -12.41%. Stock 52 week range is $4.78 – $9.05. Company’s market capitalization is $1.06 billion.
Companhia Energetica Minas Gerais (ADR) (NYSE:CIG) stock has an average recommendation of Hold with an average target price of $6.98. Companhia Energetica Minas Gerais (ADR) (NYSE:CIG) stock decreased -5.22% and finished the last session at $5.63. The EPS of the stock remained 1.50. Company’s market capitalization is $6.36 billion.
Zacks downgraded shares of NovaGold Resources (NYSE:NG) to a neutral rating in a report issued on Thursday, AnalystRatingsNetwork reports. They currently have $3.40 target price on the stock. NovaGold Resources Inc. (USA) (NYSEMKT:NG) stock opened at $4.29 in last trading session and closed at $4.03. The 52 week range of the stock is $1.90 – $4.42 and the day range was $3.92 – $4.29.