---
title: "由于估值差距现已弥合，淡水河谷在巴克莱被降级"
type: "News"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/news/283393486.md"
description: "巴克莱将淡水河谷（VALE）的评级从增持下调至持平，目标价为 17 美元，指出在铁矿石价格持平的情况下，淡水河谷年初至今上涨了 35%，导致估值过高。其企业价值/息税折旧摊销前利润（EV/EBITDA）相对于同行的折扣目前为 10%，是自 2020 年以来的最低水平。淡水河谷当前的价格与 130 美元/吨的铁矿石价格相符，而现货价格为 107 美元/吨。巴克莱预计，淡水河谷在短期内的表现将面临估值和商品价格动能的阻力"
datetime: "2026-04-20T19:33:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/283393486.md)
  - [en](https://longbridge.com/en/news/283393486.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/283393486.md)
---

# 由于估值差距现已弥合，淡水河谷在巴克莱被降级

Vale (VALE) trades little changed Monday as Barclays downgraded the mining giant to Equal Weight from Overweight with a $17 price target, citing the stock's 35% YTD gain while iron ore prices have remained broadly flat, a divergence the bank said has left the stock’s valuation stretched. Vale's (VALE) EV/EBITDA discount to peers including Rio Tinto...

### 相关股票

- [VALE.US](https://longbridge.com/zh-CN/quote/VALE.US.md)
- [VALG.US](https://longbridge.com/zh-CN/quote/VALG.US.md)
- [BARC.UK](https://longbridge.com/zh-CN/quote/BARC.UK.md)
- [BCS.US](https://longbridge.com/zh-CN/quote/BCS.US.md)
- [RIO.UK](https://longbridge.com/zh-CN/quote/RIO.UK.md)
- [RIO.US](https://longbridge.com/zh-CN/quote/RIO.US.md)
- [RIO.AU](https://longbridge.com/zh-CN/quote/RIO.AU.md)
- [RTPPF.US](https://longbridge.com/zh-CN/quote/RTPPF.US.md)

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