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Cleveland-Cliffs

CLFNYSE
Logo brought to you by Benzinga Data
$9.38
0.050.54%
At close: -
$9.48
0.11.07%
After Hours: Dec 20, 7:58 PM EDT
Consensus Rating1
Buy
Highest Price Target1
$25.00
Lowest Price Target1
$10.13
Consensus Price Target1
$17.62

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

Cleveland-Cliffs Inc has a consensus price target of $17.62 based on the ratings of 16 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 Citigroup, Goldman Sachs, and Morgan Stanley on December 19, 2024, December 2, 2024, and September 18, 2024, respectively. With an average price target of $13.5 between Citigroup, Goldman Sachs, and Morgan Stanley, there's an implied 42.41% upside for Cleveland-Cliffs Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
1
Jun
1
1
Aug
3
Sep
1
1
Dec
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.0
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Citigroup
Goldman Sachs
Morgan Stanley
Seaport Global
B of A Securities

1calculated from analyst ratings

Analyst Ratings for Cleveland-Cliffs

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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 Citigroup on December 19, 2024. The analyst firm set a price target for $11.00 expecting CLF to rise to within 12 months (a possible 16.03% upside). 24 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 Citigroup, 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 August 27, 2024 when Seaport Global raised their price target to $16.5. Seaport Global previously had a neutral 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 December 19, 2024 so you should expect the next rating to be made available sometime around December 19, 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 $12.50 to $11.00. The current price Cleveland-Cliffs (CLF) is trading at is $9.48, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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