Cleveland-Cliffs Price Target, Predictions & Analyst Ratings

+0.45 (+1.88 %)
(As of 08/3/2021 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
Volume20.78 million shs
Average Volume24.09 million shs
Market Capitalization$12.19 billion
P/E Ratio16.05
Dividend YieldN/A

Cleveland-Cliffs (NYSE:CLF) Price Target and Consensus Rating

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
10 Wall Street analysts have issued ratings and price targets for Cleveland-Cliffs in the last 12 months. Their average twelve-month price target is $25.06, predicting that the stock has a possible upside of 2.75%. The high price target for CLF is $39.00 and the low price target for CLF is $19.20. There are currently 3 hold ratings and 7 buy ratings for the stock, resulting in a consensus rating of "Buy."
TypeToday30 Days Ago90 Days Ago180 Days Ago
CLF Consensus Rating: BuyBuyBuyBuy
CLF Consensus Rating Score: 2.702.672.502.67
CLF Analyst Ratings: 0 Sell Rating(s)
3 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
3 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
3 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
4 Hold Rating(s)
4 Buy Rating(s)
1 Strong Buy Rating(s)
CLF Consensus Price Target: $25.06$24.94$21.44$11.69
CLF Price Target Upside: 2.75% upside31.31% upside24.10% upside16.86% upside

Cleveland-Cliffs (NYSE:CLF) Consensus Price Target History

Average Share Price and Price Target by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Cleveland-Cliffs (NYSE:CLF) Analyst Ratings History

DateBrokerageAnalyst NameActionRatingPrice TargetDetails
Initiated CoverageBuy$26.00
6/16/2021JPMorgan Chase & Co.
Initiated CoverageOverweight$39.00
6/10/2021UBS Group
Boost Price TargetBuy$22.09 ➝ $28.35
5/17/2021Bank of America
Initiated CoverageBuy$25.00
5/4/2021Credit Suisse Group
UpgradeNeutral ➝ Outperform$21.00 ➝ $24.00
4/26/2021B. Riley
Boost Price TargetReduce ➝ Buy$22.00 ➝ $24.00
4/26/2021BNP Paribas
Reiterated RatingOutperform ➝ Neutral$19.20
4/19/2021Exane BNP Paribas
DowngradeOutperform ➝ Neutral
4/9/2021The Goldman Sachs Group
Initiated CoverageNeutral$20.00
Philip Gibbs
Lower Price TargetOverweight$22.00 ➝ $20.00
Alexander Hacking
Lower Price TargetNeutral$8.00 ➝ $6.00
Reiterated RatingStrong-Buy$9.00 ➝ $10.00
10/16/2019Jefferies Financial Group
Alan Spence
Lower Price Target$15.00 ➝ $12.00
David Lipschitz
Set Price TargetBuy$10.00
Tyler Kenyon
Set Price TargetHold$10.00
3/5/2019Morgan Stanley
Piyush Sood
Set Price TargetHold$12.00
10/23/2018Vertical Research
Gordon Johnson
Set Price TargetSell$5.00
(Data available from 8/4/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)
This page was last updated on 8/4/2021 by MarketBeat.com Staff
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