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 10.38% upside for Cleveland-Cliffs Inc from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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06/26/2024 | Buy Now | 16.58% | B of A Securities | Lawson Winder | $20 → $18 | Maintains | Neutral | Get Alert |
06/25/2024 | Buy Now | 48.96% | B. Riley Securities | Lucas Pipes | $23 → $23 | Maintains | Buy | Get Alert |
06/14/2024 | Buy Now | -34.39% | GLJ Research | Gordon Johnson | $10.13 → $10.13 | Reiterates | Sell → Sell | Get Alert |
06/11/2024 | Buy Now | — | Seaport Global | Martin Englert | — | Initiates | → Neutral | Get Alert |
06/11/2024 | Buy Now | 10.1% | JP Morgan | Bill Peterson | $23 → $17 | Downgrade | Overweight → Neutral | Get Alert |
06/06/2024 | Buy Now | -34.39% | GLJ Research | Gordon Johnson | → $10.13 | Downgrade | Buy → Sell | Get Alert |
05/20/2024 | Buy Now | 42.49% | Jefferies | Christopher LeFemina | → $22 | Initiates | → Buy | Get Alert |
04/30/2024 | Buy Now | 23.06% | Morgan Stanley | Carlos De Alba | $20 → $19 | Maintains | Equal-Weight | Get Alert |
04/30/2024 | Buy Now | 55.44% | B. Riley Securities | Lucas Pipes | $25 → $24 | Maintains | Buy | Get Alert |
04/24/2024 | Buy Now | 48.96% | JP Morgan | Bill Peterson | $24 → $23 | Maintains | Overweight | Get Alert |
04/09/2024 | Buy Now | — | Wolfe Research | Timna Tanners | — | Downgrade | Peer Perform → Underperform | Get Alert |
03/28/2024 | Buy Now | 76.17% | GLJ Research | Gordon Johnson | → $27.2 | Upgrade | Sell → Buy | Get Alert |
03/26/2024 | Buy Now | 29.53% | Morgan Stanley | Carlos De Alba | $20 → $20 | Maintains | Equal-Weight | Get Alert |
03/13/2024 | Buy Now | 42.49% | Citigroup | Alexander Hacking | → $22 | Downgrade | Buy → Neutral | Get Alert |
02/28/2024 | Buy Now | 6.87% | Exane BNP Paribas | Seth Rosenfeld | → $16.5 | Downgrade | Neutral → Underperform | Get Alert |
02/15/2024 | Buy Now | 29.53% | Morgan Stanley | Carlos De Alba | $21.5 → $20 | Downgrade | Overweight → Equal-Weight | Get Alert |
02/08/2024 | Buy Now | — | Argus Research | David Coleman | — | Downgrade | Buy → Hold | Get Alert |
12/05/2023 | Buy Now | -25.84% | GLJ Research | Gordon Johnson | $13.44 → $11.45 | Maintains | Sell | Get Alert |
10/31/2023 | Buy Now | 39.25% | Morgan Stanley | Carlos De Alba | $19 → $21.5 | Maintains | Overweight | Get Alert |
09/27/2023 | Buy Now | 61.92% | B. Riley Securities | Lucas Pipes | $26 → $25 | Maintains | Buy | Get Alert |
09/26/2023 | Buy Now | 42.49% | Citigroup | Alexander Hacking | $22 → $22 | Upgrade | Neutral → Buy | Get Alert |
09/25/2023 | Buy Now | 42.49% | Citigroup | Alexander Hacking | → $22 | Upgrade | Neutral → Buy | Get Alert |
08/01/2023 | Buy Now | 68.39% | B. Riley Securities | Lucas Pipes | $27 → $26 | Maintains | Buy | Get Alert |
07/27/2023 | Buy Now | 23.06% | Morgan Stanley | Carlos De Alba | $19 → $19 | Reiterates | Overweight → Overweight | Get Alert |
07/26/2023 | Buy Now | 61.92% | Credit Suisse | Curt Woodworth | → $25 | Reiterates | Outperform → Outperform | Get Alert |
06/21/2023 | Buy Now | 23.06% | Morgan Stanley | Carlos De Alba | → $19 | Reiterates | Overweight → Overweight | Get Alert |
05/23/2023 | Buy Now | 16.58% | JP Morgan | Michael Glick | → $18 | Initiates | → Neutral | Get Alert |
05/22/2023 | Buy Now | 23.06% | Morgan Stanley | Carlos De Alba | $24 → $19 | Maintains | Overweight | Get Alert |
04/27/2023 | Buy Now | 55.44% | Morgan Stanley | Carlos De Alba | $26 → $24 | Maintains | Overweight | Get Alert |
03/20/2023 | Buy Now | -2.85% | Wolfe Research | Timna Tanners | → $15 | Upgrade | Underperform → Peer Perform | Get Alert |
02/15/2023 | Buy Now | 68.39% | B. Riley Securities | Lucas Pipes | $27 → $26 | Maintains | Buy | Get Alert |
02/13/2023 | Buy Now | 42.49% | Citigroup | Alexander Hacking | $16 → $22 | Maintains | Neutral | Get Alert |
01/18/2023 | Buy Now | 48.96% | Goldman Sachs | Emily Chieng | $18 → $23 | Maintains | Buy | Get Alert |
01/12/2023 | Buy Now | 68.39% | Morgan Stanley | Carlos De Alba | $13.6 → $26 | Upgrade | Equal-Weight → Overweight | Get Alert |
01/04/2023 | Buy Now | 23.06% | B of A Securities | Lawson Winder | → $19 | Reinstates | → Neutral | Get Alert |
12/23/2022 | Buy Now | 74.87% | B. Riley Securities | Lucas Pipes | $26 → $27 | Maintains | Buy | Get Alert |
12/16/2022 | Buy Now | 10.1% | UBS | Andreas Bokkenheuser | → $17 | Initiates | → Neutral | Get Alert |
11/02/2022 | Buy Now | -22.28% | Wolfe Research | Timna Tanners | → $12 | Downgrade | Peer Perform → Underperform | Get Alert |
10/26/2022 | Buy Now | -11.92% | Morgan Stanley | Carlos De Alba | $14.5 → $13.6 | Maintains | Equal-Weight | Get Alert |
10/06/2022 | Buy Now | 23.06% | Goldman Sachs | Emily Chieng | $23 → $19 | Maintains | Buy | Get Alert |
09/28/2022 | Buy Now | 48.96% | Argus Research | David Coleman | $33 → $23 | Maintains | Buy | Get Alert |
09/27/2022 | Buy Now | 107.25% | B. Riley Securities | Lucas Pipes | $37 → $32 | Maintains | Buy | Get Alert |
09/21/2022 | Buy Now | 61.92% | Credit Suisse | Curt Woodworth | $30 → $25 | Maintains | Outperform | Get Alert |
07/27/2022 | Buy Now | -12.95% | GLJ Research | Gordon Johnson | → $13.44 | Downgrade | Buy → Sell | Get Alert |
07/26/2022 | Buy Now | 139.64% | B. Riley Securities | Lucas Pipes | $39 → $37 | Maintains | Buy | Get Alert |
07/26/2022 | Buy Now | 13.34% | Citigroup | Alexander Hacking | $20 → $17.5 | Maintains | Neutral | Get Alert |
07/25/2022 | Buy Now | -6.09% | Morgan Stanley | Carlos De Alba | $16 → $14.5 | Maintains | Equal-Weight | Get Alert |
07/21/2022 | Buy Now | 94.3% | Credit Suisse | Curt Woodworth | $37 → $30 | Maintains | Outperform | Get Alert |
07/06/2022 | Buy Now | 152.59% | B. Riley Securities | Lucas Pipes | $47 → $39 | Maintains | Buy | Get Alert |
07/06/2022 | Buy Now | 3.63% | Morgan Stanley | Carlos De Alba | $24 → $16 | Maintains | Equal-Weight | Get Alert |
06/14/2022 | Buy Now | 139.64% | JP Morgan | Michael Glick | $43 → $37 | Maintains | Overweight | Get Alert |
05/31/2022 | Buy Now | 74.87% | Goldman Sachs | Emily Chieng | $36 → $27 | Maintains | Buy | Get Alert |
05/11/2022 | Buy Now | 55.44% | Morgan Stanley | Carlos De Alba | $23.5 → $24 | Maintains | Equal-Weight | Get Alert |
04/25/2022 | Buy Now | 204.4% | B. Riley Securities | Lucas Pipes | $46 → $47 | Maintains | Buy | Get Alert |
03/28/2022 | Buy Now | 197.93% | B. Riley Securities | Lucas Pipes | $37 → $46 | Maintains | Buy | Get Alert |
03/24/2022 | Buy Now | 184.97% | JP Morgan | Michael Glick | $37 → $44 | Maintains | Overweight | Get Alert |
03/22/2022 | Buy Now | 100.78% | Goldman Sachs | Emily Chieng | $27 → $31 | Maintains | Buy | Get Alert |
01/11/2022 | Buy Now | 48.96% | Wolfe Research | Timna Tanners | → $23 | Downgrade | Outperform → Peer Perform | Get Alert |
11/29/2021 | Buy Now | 52.2% | Morgan Stanley | Carlos De Alba | — | Maintains | Equal-Weight | Get Alert |
11/17/2021 | Buy Now | 94.3% | Wolfe Research | Timna Tanners | — | Initiates | → Outperform | Get Alert |
10/26/2021 | Buy Now | 45.73% | Morgan Stanley | Carlos De Alba | — | Maintains | Equal-Weight | Get Alert |
10/06/2021 | Buy Now | 55.44% | Goldman Sachs | Emily Chieng | — | Upgrade | Neutral → Buy | Get Alert |
08/11/2021 | Buy Now | 68.39% | Morgan Stanley | Carlos De Alba | — | Initiates | → Equal-Weight | Get Alert |
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 16.58% upside). 23 analyst firms have reported ratings in the last year.
The latest analyst rating for Cleveland-Cliffs (NYSE:CLF) was provided by B of A Securities, and Cleveland-Cliffs maintained their neutral rating.
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.
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 June 26, 2024 so you should expect the next rating to be made available sometime around June 26, 2025.
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 $15.44, which is out of the analyst’s predicted range.
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