Cleveland-Cliffs
(NYSE:CLF)
$22.7799
0.6499[2.94%]
At close: Mar 28
$22.7799
0[0.00%]
After Hours: 7:59PM EDT
Consensus Rating1
Neutral
Highest Price Target1
$27.20
Lowest Price Target1
$15.00
Consensus Price Target1
$16.26

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

Cleveland-Cliffs Inc has a consensus price target of $16.26, established from looking at the 59 latest analyst ratings. The last 3 analyst ratings were released from GLJ Research, Morgan Stanley, and Citigroup on March 28, 2024, March 26, 2024, and March 13, 2024. With an average price target of $23.07 between GLJ Research, Morgan Stanley, and Citigroup, there's an implied 1.26% upside for Cleveland-Cliffs Inc from these 3 analyst ratings.

Analyst Rating Summary1

Analyst Ratings
Oct 23
1
Dec 23
1
Feb
1
1
Mar
1
2
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

GLJ Research
Morgan Stanley
Citigroup
Exane BNP Paribas
Argus Research

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Cleveland-Cliffs

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
03/28/2024CLFBuy Now
Cleveland-Cliffs
$22.7819.4%GLJ Research
Gordon Johnson
→ $27.2UpgradeSell → BuyGet Alert
03/26/2024CLFBuy Now
Cleveland-Cliffs
$22.78-12.2%Morgan Stanley
Carlos De Alba
$20 → $20MaintainsEqual-WeightGet Alert
03/13/2024CLFBuy Now
Cleveland-Cliffs
$22.78-3.42%Citigroup
Alexander Hacking
→ $22DowngradeBuy → NeutralGet Alert
02/28/2024CLFBuy Now
Cleveland-Cliffs
$22.78-27.57%Exane BNP Paribas
Seth Rosenfeld
→ $16.5DowngradeNeutral → UnderperformGet Alert
02/15/2024CLFBuy Now
Cleveland-Cliffs
$22.78-12.2%Morgan Stanley
Carlos De Alba
$21.5 → $20DowngradeOverweight → Equal-WeightGet Alert
02/08/2024CLFBuy Now
Cleveland-Cliffs
$22.78Argus Research
David Coleman
DowngradeBuy → HoldGet Alert
12/05/2023CLFBuy Now
Cleveland-Cliffs
$22.78-49.74%GLJ Research
Gordon Johnson
$13.44 → $11.45MaintainsSellGet Alert
10/31/2023CLFBuy Now
Cleveland-Cliffs
$22.78-5.62%Morgan Stanley
Carlos De Alba
$19 → $21.5MaintainsOverweightGet Alert
09/27/2023CLFBuy Now
Cleveland-Cliffs
$22.789.75%B. Riley Securities
Lucas Pipes
$26 → $25MaintainsBuyGet Alert
09/26/2023CLFBuy Now
Cleveland-Cliffs
$22.78-3.42%Citigroup
Alexander Hacking
$22 → $22UpgradeNeutral → BuyGet Alert
09/25/2023CLFBuy Now
Cleveland-Cliffs
$22.78-3.42%Citigroup
Alexander Hacking
→ $22UpgradeNeutral → BuyGet Alert
08/01/2023CLFBuy Now
Cleveland-Cliffs
$22.7814.14%B. Riley Securities
Lucas Pipes
$27 → $26MaintainsBuyGet Alert
07/27/2023CLFBuy Now
Cleveland-Cliffs
$22.78-16.59%Morgan Stanley
Carlos De Alba
$19 → $19ReiteratesOverweight → OverweightGet Alert
07/26/2023CLFBuy Now
Cleveland-Cliffs
$22.789.75%Credit Suisse
Curt Woodworth
→ $25ReiteratesOutperform → OutperformGet Alert
06/21/2023CLFBuy Now
Cleveland-Cliffs
$22.78-16.59%Morgan Stanley
Carlos De Alba
→ $19ReiteratesOverweight → OverweightGet Alert
05/23/2023CLFBuy Now
Cleveland-Cliffs
$22.78-20.98%JP Morgan
Michael Glick
→ $18Initiates → NeutralGet Alert
05/22/2023CLFBuy Now
Cleveland-Cliffs
$22.78-16.59%Morgan Stanley
Carlos De Alba
$24 → $19MaintainsOverweightGet Alert
04/27/2023CLFBuy Now
Cleveland-Cliffs
$22.785.36%Morgan Stanley
Carlos De Alba
$26 → $24MaintainsOverweightGet Alert
03/20/2023CLFBuy Now
Cleveland-Cliffs
$22.78-34.15%Wolfe Research
Timna Tanners
→ $15UpgradeUnderperform → Peer PerformGet Alert

FAQ

Q

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

A

The latest price target for Cleveland-Cliffs (NYSE: CLF) was reported by GLJ Research on March 28, 2024. The analyst firm set a price target for $27.20 expecting CLF to rise to within 12 months (a possible 19.40% upside). 18 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 GLJ Research, and Cleveland-Cliffs upgraded their buy 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 March 13, 2024 when Citigroup changed their price target from N/A to $22 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 March 28, 2024 so you should expect the next rating to be made available sometime around March 28, 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 upgraded with a price target of $0.00 to $27.20. The current price Cleveland-Cliffs (CLF) is trading at is $22.78, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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