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Cleveland-Cliffs

CLFNYSE
$15.88
0.674.40%
At Close: -
$15.87
-0.01-0.06%
After Hours: 6:52 PM EDT
15 minutes delayed
Q2 2024 Earnings were released on Mon Jul 22nd, after the market close
Today's conference call ended over 14 hours ago Click to view the webcast
Consensus Rating1
Neutral
Highest Price Target1
$25.00
Lowest Price Target1
$10.13
Consensus Price Target1
$19.22

Cleveland-Cliffs (NYSE:CLF) Stock, Analyst Ratings, Price Targets, Forecasts

Cleveland-Cliffs Inc has a consensus price target of $19.22 based on the ratings of 15 analysts. The high is $25 issued by Credit Suisse on July 26, 2023. The low is $10.13 issued by GLJ Research on June 14, 2024. The 3 most-recent analyst ratings were released by B of A Securities, B. Riley Securities, and GLJ Research on June 26, 2024, June 25, 2024, and June 14, 2024, respectively. With an average price target of $17.04 between B of A Securities, B. Riley Securities, and GLJ Research, there's an implied 7.33% upside for Cleveland-Cliffs Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
1
Feb
2
Mar
1
1
1
Apr
0
0
0
0
May
3
2
Jun
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.8
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

B of A Securities
B. Riley Securities
GLJ Research
JP Morgan
Jefferies

1calculated from analyst ratings

Analyst Ratings for Cleveland-Cliffs

Buy NowGet Alert
06/26/2024Buy Now13.35%B of A Securities
Lawson Winder
$20 → $18MaintainsNeutralGet Alert
06/25/2024Buy Now44.84%B. Riley Securities
Lucas Pipes
$23 → $23MaintainsBuyGet Alert
06/14/2024Buy Now-36.21%GLJ Research
Gordon Johnson
$10.13 → $10.13ReiteratesSell → SellGet Alert
06/11/2024Buy Now—Seaport Global
Martin Englert
—Initiates → NeutralGet Alert
06/11/2024Buy Now7.05%JP Morgan
Bill Peterson
$23 → $17DowngradeOverweight → NeutralGet Alert
06/06/2024Buy Now-36.21%GLJ Research
Gordon Johnson
→ $10.13DowngradeBuy → SellGet Alert
05/20/2024Buy Now38.54%Jefferies
Christopher LeFemina
→ $22Initiates → BuyGet Alert
04/30/2024Buy Now19.65%Morgan Stanley
Carlos De Alba
$20 → $19MaintainsEqual-WeightGet Alert
04/30/2024Buy Now51.13%B. Riley Securities
Lucas Pipes
$25 → $24MaintainsBuyGet Alert
04/24/2024Buy Now44.84%JP Morgan
Bill Peterson
$24 → $23MaintainsOverweightGet Alert
04/09/2024Buy Now—Wolfe Research
Timna Tanners
—DowngradePeer Perform → UnderperformGet Alert
03/28/2024Buy Now71.28%GLJ Research
Gordon Johnson
→ $27.2UpgradeSell → BuyGet Alert
03/26/2024Buy Now25.94%Morgan Stanley
Carlos De Alba
$20 → $20MaintainsEqual-WeightGet Alert
03/13/2024Buy Now38.54%Citigroup
Alexander Hacking
→ $22DowngradeBuy → NeutralGet Alert
02/28/2024Buy Now3.9%Exane BNP Paribas
Seth Rosenfeld
→ $16.5DowngradeNeutral → UnderperformGet Alert
02/15/2024Buy Now25.94%Morgan Stanley
Carlos De Alba
$21.5 → $20DowngradeOverweight → Equal-WeightGet Alert
02/08/2024Buy Now—Argus Research
David Coleman
—DowngradeBuy → HoldGet Alert
12/05/2023Buy Now-27.9%GLJ Research
Gordon Johnson
$13.44 → $11.45MaintainsSellGet Alert
10/31/2023Buy Now35.39%Morgan Stanley
Carlos De Alba
$19 → $21.5MaintainsOverweightGet Alert
09/27/2023Buy Now57.43%B. Riley Securities
Lucas Pipes
$26 → $25MaintainsBuyGet Alert
09/26/2023Buy Now38.54%Citigroup
Alexander Hacking
$22 → $22UpgradeNeutral → BuyGet Alert
09/25/2023Buy Now38.54%Citigroup
Alexander Hacking
→ $22UpgradeNeutral → BuyGet Alert
08/01/2023Buy Now63.73%B. Riley Securities
Lucas Pipes
$27 → $26MaintainsBuyGet Alert
07/27/2023Buy Now19.65%Morgan Stanley
Carlos De Alba
$19 → $19ReiteratesOverweight → OverweightGet Alert
07/26/2023Buy Now57.43%Credit Suisse
Curt Woodworth
→ $25ReiteratesOutperform → OutperformGet Alert
06/21/2023Buy Now19.65%Morgan Stanley
Carlos De Alba
→ $19ReiteratesOverweight → OverweightGet Alert
05/23/2023Buy Now13.35%JP Morgan
Michael Glick
→ $18Initiates → NeutralGet Alert
05/22/2023Buy Now19.65%Morgan Stanley
Carlos De Alba
$24 → $19MaintainsOverweightGet Alert
04/27/2023Buy Now51.13%Morgan Stanley
Carlos De Alba
$26 → $24MaintainsOverweightGet Alert
03/20/2023Buy Now-5.54%Wolfe Research
Timna Tanners
→ $15UpgradeUnderperform → Peer PerformGet Alert
02/15/2023Buy Now63.73%B. Riley Securities
Lucas Pipes
$27 → $26MaintainsBuyGet Alert
02/13/2023Buy Now38.54%Citigroup
Alexander Hacking
$16 → $22MaintainsNeutralGet Alert
01/18/2023Buy Now44.84%Goldman Sachs
Emily Chieng
$18 → $23MaintainsBuyGet Alert
01/12/2023Buy Now63.73%Morgan Stanley
Carlos De Alba
$13.6 → $26UpgradeEqual-Weight → OverweightGet Alert
01/04/2023Buy Now19.65%B of A Securities
Lawson Winder
→ $19Reinstates → NeutralGet Alert
12/23/2022Buy Now70.03%B. Riley Securities
Lucas Pipes
$26 → $27MaintainsBuyGet Alert
12/16/2022Buy Now7.05%UBS
Andreas Bokkenheuser
→ $17Initiates → NeutralGet Alert
11/02/2022Buy Now-24.43%Wolfe Research
Timna Tanners
→ $12DowngradePeer Perform → UnderperformGet Alert
10/26/2022Buy Now-14.36%Morgan Stanley
Carlos De Alba
$14.5 → $13.6MaintainsEqual-WeightGet Alert
10/06/2022Buy Now19.65%Goldman Sachs
Emily Chieng
$23 → $19MaintainsBuyGet Alert
09/28/2022Buy Now44.84%Argus Research
David Coleman
$33 → $23MaintainsBuyGet Alert
09/27/2022Buy Now101.51%B. Riley Securities
Lucas Pipes
$37 → $32MaintainsBuyGet Alert
09/21/2022Buy Now57.43%Credit Suisse
Curt Woodworth
$30 → $25MaintainsOutperformGet Alert
07/27/2022Buy Now-15.37%GLJ Research
Gordon Johnson
→ $13.44DowngradeBuy → SellGet Alert
07/26/2022Buy Now133%B. Riley Securities
Lucas Pipes
$39 → $37MaintainsBuyGet Alert
07/26/2022Buy Now10.2%Citigroup
Alexander Hacking
$20 → $17.5MaintainsNeutralGet Alert
07/25/2022Buy Now-8.69%Morgan Stanley
Carlos De Alba
$16 → $14.5MaintainsEqual-WeightGet Alert
07/21/2022Buy Now88.92%Credit Suisse
Curt Woodworth
$37 → $30MaintainsOutperformGet Alert
07/06/2022Buy Now145.59%B. Riley Securities
Lucas Pipes
$47 → $39MaintainsBuyGet Alert
07/06/2022Buy Now0.76%Morgan Stanley
Carlos De Alba
$24 → $16MaintainsEqual-WeightGet Alert
06/14/2022Buy Now133%JP Morgan
Michael Glick
$43 → $37MaintainsOverweightGet Alert
05/31/2022Buy Now70.03%Goldman Sachs
Emily Chieng
$36 → $27MaintainsBuyGet Alert
05/11/2022Buy Now51.13%Morgan Stanley
Carlos De Alba
$23.5 → $24MaintainsEqual-WeightGet Alert
04/25/2022Buy Now195.97%B. Riley Securities
Lucas Pipes
$46 → $47MaintainsBuyGet Alert
03/28/2022Buy Now189.67%B. Riley Securities
Lucas Pipes
$37 → $46MaintainsBuyGet Alert
03/24/2022Buy Now177.08%JP Morgan
Michael Glick
$37 → $44MaintainsOverweightGet Alert
03/22/2022Buy Now95.21%Goldman Sachs
Emily Chieng
$27 → $31MaintainsBuyGet Alert
01/11/2022Buy Now44.84%Wolfe Research
Timna Tanners
→ $23DowngradeOutperform → Peer PerformGet Alert
11/29/2021Buy Now47.98%Morgan Stanley
Carlos De Alba
—MaintainsEqual-WeightGet Alert
11/17/2021Buy Now88.92%Wolfe Research
Timna Tanners
—Initiates → OutperformGet Alert
10/26/2021Buy Now41.69%Morgan Stanley
Carlos De Alba
—MaintainsEqual-WeightGet Alert
10/06/2021Buy Now51.13%Goldman Sachs
Emily Chieng
—UpgradeNeutral → BuyGet Alert
08/11/2021Buy Now63.73%Morgan Stanley
Carlos De Alba
—Initiates → Equal-WeightGet Alert

FAQ

Q

What is the target price for Cleveland-Cliffs (CLF) stock?

A

The latest price target for Cleveland-Cliffs (NYSE:CLF) was reported by B of A Securities on June 26, 2024. The analyst firm set a price target for $18.00 expecting CLF to rise to within 12 months (a possible 13.35% upside). 25 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Cleveland-Cliffs (CLF)?

A

The latest analyst rating for Cleveland-Cliffs (NYSE:CLF) was provided by B of A Securities, and Cleveland-Cliffs maintained their neutral rating.

Q

When was the last upgrade for Cleveland-Cliffs (CLF)?

A

The last upgrade for Cleveland-Cliffs Inc happened on March 28, 2024 when GLJ Research raised their price target to $27.2. GLJ Research previously had a sell for Cleveland-Cliffs Inc.

Q

When was the last downgrade for Cleveland-Cliffs (CLF)?

A

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.

Q

When is the next analyst rating going to be posted or updated for Cleveland-Cliffs (CLF)?

A

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 June 26, 2024 so you should expect the next rating to be made available sometime around June 26, 2025.

Q

Is the Analyst Rating Cleveland-Cliffs (CLF) correct?

A

While ratings are subjective and will change, the latest Cleveland-Cliffs (CLF) rating was a maintained with a price target of $20.00 to $18.00. The current price Cleveland-Cliffs (CLF) is trading at is $15.88, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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