Cleveland-Cliffs Inc has a consensus price target of $17.91 based on the ratings of 16 analysts. The high is $25 issued by Credit Suisse on July 26, 2023. The low is $11 issued by Citigroup on December 19, 2024. The 3 most-recent analyst ratings were released by GLJ Research, Citigroup, and Goldman Sachs on January 7, 2025, December 19, 2024, and December 2, 2024, respectively. With an average price target of $13.76 between GLJ Research, Citigroup, and Goldman Sachs, there's an implied 33.56% upside for Cleveland-Cliffs Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Cleveland-Cliffs (NYSE:CLF) was reported by GLJ Research on January 7, 2025. The analyst firm set a price target for $14.27 expecting CLF to rise to within 12 months (a possible 38.55% upside). 25 analyst firms have reported ratings in the last year.
The latest analyst rating for Cleveland-Cliffs (NYSE:CLF) was provided by GLJ Research, and Cleveland-Cliffs upgraded their buy rating.
The last upgrade for Cleveland-Cliffs Inc happened on January 7, 2025 when GLJ Research raised their price target to $14.27. GLJ Research previously had a sell for Cleveland-Cliffs Inc.
The last downgrade for Cleveland-Cliffs Inc happened on June 11, 2024 when JP Morgan changed their price target from $23 to $17 for Cleveland-Cliffs Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cleveland-Cliffs, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Cleveland-Cliffs was filed on January 7, 2025 so you should expect the next rating to be made available sometime around January 7, 2026.
While ratings are subjective and will change, the latest Cleveland-Cliffs (CLF) rating was a upgraded with a price target of $0.00 to $14.27. The current price Cleveland-Cliffs (CLF) is trading at is $10.30, which is within the analyst’s predicted range.
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