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.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
03/28/2024 | CLF | Buy Now | Cleveland-Cliffs | $22.78 | 19.4% | GLJ Research | Gordon Johnson | → $27.2 | Upgrade | Sell → Buy | Get Alert |
03/26/2024 | CLF | Buy Now | Cleveland-Cliffs | $22.78 | -12.2% | Morgan Stanley | Carlos De Alba | $20 → $20 | Maintains | Equal-Weight | Get Alert |
03/13/2024 | CLF | Buy Now | Cleveland-Cliffs | $22.78 | -3.42% | Citigroup | Alexander Hacking | → $22 | Downgrade | Buy → Neutral | Get Alert |
02/28/2024 | CLF | Buy Now | Cleveland-Cliffs | $22.78 | -27.57% | Exane BNP Paribas | Seth Rosenfeld | → $16.5 | Downgrade | Neutral → Underperform | Get Alert |
02/15/2024 | CLF | Buy Now | Cleveland-Cliffs | $22.78 | -12.2% | Morgan Stanley | Carlos De Alba | $21.5 → $20 | Downgrade | Overweight → Equal-Weight | Get Alert |
02/08/2024 | CLF | Buy Now | Cleveland-Cliffs | $22.78 | — | Argus Research | David Coleman | — | Downgrade | Buy → Hold | Get Alert |
12/05/2023 | CLF | Buy Now | Cleveland-Cliffs | $22.78 | -49.74% | GLJ Research | Gordon Johnson | $13.44 → $11.45 | Maintains | Sell | Get Alert |
10/31/2023 | CLF | Buy Now | Cleveland-Cliffs | $22.78 | -5.62% | Morgan Stanley | Carlos De Alba | $19 → $21.5 | Maintains | Overweight | Get Alert |
09/27/2023 | CLF | Buy Now | Cleveland-Cliffs | $22.78 | 9.75% | B. Riley Securities | Lucas Pipes | $26 → $25 | Maintains | Buy | Get Alert |
09/26/2023 | CLF | Buy Now | Cleveland-Cliffs | $22.78 | -3.42% | Citigroup | Alexander Hacking | $22 → $22 | Upgrade | Neutral → Buy | Get Alert |
09/25/2023 | CLF | Buy Now | Cleveland-Cliffs | $22.78 | -3.42% | Citigroup | Alexander Hacking | → $22 | Upgrade | Neutral → Buy | Get Alert |
08/01/2023 | CLF | Buy Now | Cleveland-Cliffs | $22.78 | 14.14% | B. Riley Securities | Lucas Pipes | $27 → $26 | Maintains | Buy | Get Alert |
07/27/2023 | CLF | Buy Now | Cleveland-Cliffs | $22.78 | -16.59% | Morgan Stanley | Carlos De Alba | $19 → $19 | Reiterates | Overweight → Overweight | Get Alert |
07/26/2023 | CLF | Buy Now | Cleveland-Cliffs | $22.78 | 9.75% | Credit Suisse | Curt Woodworth | → $25 | Reiterates | Outperform → Outperform | Get Alert |
06/21/2023 | CLF | Buy Now | Cleveland-Cliffs | $22.78 | -16.59% | Morgan Stanley | Carlos De Alba | → $19 | Reiterates | Overweight → Overweight | Get Alert |
05/23/2023 | CLF | Buy Now | Cleveland-Cliffs | $22.78 | -20.98% | JP Morgan | Michael Glick | → $18 | Initiates | → Neutral | Get Alert |
05/22/2023 | CLF | Buy Now | Cleveland-Cliffs | $22.78 | -16.59% | Morgan Stanley | Carlos De Alba | $24 → $19 | Maintains | Overweight | Get Alert |
04/27/2023 | CLF | Buy Now | Cleveland-Cliffs | $22.78 | 5.36% | Morgan Stanley | Carlos De Alba | $26 → $24 | Maintains | Overweight | Get Alert |
03/20/2023 | CLF | Buy Now | Cleveland-Cliffs | $22.78 | -34.15% | Wolfe Research | Timna Tanners | → $15 | Upgrade | Underperform → Peer Perform | Get Alert |
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.
The latest analyst rating for Cleveland-Cliffs (NYSE: CLF) was provided by GLJ Research, and Cleveland-Cliffs upgraded their buy 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 March 13, 2024 when Citigroup changed their price target from N/A to $22 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 March 28, 2024 so you should expect the next rating to be made available sometime around March 28, 2025.
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.
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