NYSE:CLF - Cleveland-Cliffs Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $8.04
  • Forecasted Upside: -25.87 %
  • Number of Analysts: 7
  • Breakdown:
  • 0 Sell Ratings
  • 4 Hold Ratings
  • 2 Buy Ratings
  • 1 Strong Buy Ratings
$10.84
▲ +0.91 (9.16%)
1 month | 3 months | 12 months
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Analyst Price Target for CLF

i We calculate 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). Our 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. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$8.04
▼ -25.87% Downside Potential
This price target is based on 7 analysts offering 12 month price targets for Cleveland-Cliffs in the last 3 months. The average price target is $8.04, with a high forecast of $13.00 and a low forecast of $4.00. The average price target represents a -25.87% upside from the last price of $10.84.
Buy
The current consensus among 7 polled investment analysts is to buy stock in Cleveland-Cliffs. This rating changed within the last month from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 4 buy ratings
  • 5 hold ratings
  • 1 sell ratings
6/3/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 1 sell ratings
9/1/2019
  • 0 strong buy ratings
  • 3 buy ratings
  • 6 hold ratings
  • 0 sell ratings
11/30/2019
  • 1 strong buy ratings
  • 3 buy ratings
  • 6 hold ratings
  • 0 sell ratings
2/28/2020
  • 1 strong buy ratings
  • 2 buy ratings
  • 6 hold ratings
  • 0 sell ratings
5/28/2020
  • 1 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 0 sell ratings
8/26/2020
  • 1 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 0 sell ratings
10/25/2020
  • 1 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings
11/24/2020

Latest Recommendations

  • 1 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/20/2020KeyCorpUpgradeSector Weight ➝ Overweight$12.00Low
i
10/26/2020B. RileyBoost Price TargetBuy$10.00 ➝ $13.00Low
i
9/16/2020Credit Suisse GroupBoost Price TargetNeutral$4.75 ➝ $5.25Low
i
4/15/2020Credit Suisse GroupInitiated CoverageNeutralHigh
i
4/7/2020B. RileyReiterated RatingBuy$10.00High
i
Rating by Lucas Pipes at B. Riley
4/1/2020JPMorgan Chase & Co.Lower Price TargetNeutral$8.00 ➝ $6.00Low
i
3/30/2020The Goldman Sachs GroupReiterated RatingNeutral$4.00Low
i
3/24/2020B. RileyBoost Price TargetBuy$10.00 ➝ $11.00High
i
3/4/2020CitigroupLower Price TargetNeutral$8.00 ➝ $6.00Low
i
Rating by Alexander Hacking at Citigroup Inc.
2/20/2020CfraReiterated RatingStrong-Buy$9.00 ➝ $10.00Medium
i
1/10/2020CitigroupDowngradeBuy ➝ NeutralHigh
i
Rating by Alexander Hacking at Citigroup Inc.
1/9/2020B. RileyLower Price TargetBuy$12.00 ➝ $11.00Medium
i
11/14/2019Exane BNP ParibasInitiated CoverageNeutralLow
i
10/16/2019Jefferies Financial GroupLower Price Target$15.00 ➝ $12.00High
i
Rating by Alan Spence at Jefferies Financial Group Inc.
10/1/2019B. RileyLower Price TargetBuy$16.00 ➝ $13.00Medium
i
9/24/2019MacquarieSet Price TargetBuy$10.00High
i
Rating by David Lipschitz at Macquarie
9/23/2019JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$14.00 ➝ $8.00Medium
i
9/11/2019Credit Suisse GroupLower Price TargetOutperform$14.00 ➝ $12.00High
i
9/4/2019CitigroupLower Price TargetBuy$10.00 ➝ $8.00High
i
8/22/2019CowenSet Price TargetHold$10.00High
i
Rating by Tyler Kenyon at Cowen Inc
4/26/2019Credit Suisse GroupUpgradeNeutral ➝ Outperform$13.00 ➝ $14.00Low
i
4/25/2019B. RileyBoost Price TargetBuy$14.00 ➝ $15.00High
i
Rating by Lucas Pipes at B. Riley
4/23/2019Jefferies Financial GroupSet Price TargetBuy$14.00Low
i
Rating by Alan Spence at Jefferies Financial Group Inc.
3/5/2019Morgan StanleySet Price TargetHold$12.00High
i
Rating by Piyush Sood at Morgan Stanley
2/11/2019JPMorgan Chase & Co.Boost Price TargetAverage ➝ Overweight$17.00Medium
i
2/8/2019Jefferies Financial GroupBoost Price TargetBuy$11.50 ➝ $13.75Low
i
2/8/2019CitigroupBoost Price TargetBuy$13.00High
i
Rating by Daniel Knauff at Citigroup Inc.
2/7/2019CowenReiterated RatingMarket Perform ➝ Market Perform$8.50 ➝ $11.00Medium
i
1/8/2019CowenInitiated CoverageMarket Perform ➝ Market Perform$8.50Medium
i
12/13/2018B. RileySet Price TargetBuy$14.00Medium
i
Rating by Lucas Pipes at B. Riley
12/3/2018CitigroupLower Price TargetBuy ➝ Buy$15.00 ➝ $13.00Low
i
Rating by Daniel Knauff at Citigroup Inc.
10/23/2018Vertical ResearchSet Price TargetSell$5.00High
i
Rating by Gordon Johnson at Vertical Research
10/23/2018Morgan StanleySet Price TargetHold$11.00Low
i
Rating by Piyush Sood at Morgan Stanley
10/15/2018Credit Suisse GroupReiterated RatingOutperform ➝ Neutral$13.00Low
i
10/5/2018CitigroupBoost Price TargetBuy ➝ Buy$12.00 ➝ $15.00Medium
i
Rating by Daniel Knauff at Citigroup Inc.
9/26/2018B. RileySet Price TargetBuy$13.00 ➝ $15.00High
i
Rating by Derek Hernandez at B. Riley
9/7/2018Jefferies Financial GroupUpgradeBuy$13.00High
i
7/27/2018Morgan StanleyBoost Price TargetEqual Weight ➝ Equal Weight$8.00 ➝ $10.00N/A
i
7/23/2018Seaport Global SecuritiesSet Price TargetBuy$13.00High
i
Rating by Mark Levin at Seaport Global Securities
7/23/2018CitigroupBoost Price TargetBuy ➝ $10.88$11.00 ➝ $12.00High
i
Rating by Daniel Knauff at Citigroup Inc.
7/23/2018B. RileyBoost Price TargetBuy ➝ $10.88$12.00 ➝ $13.00High
i
7/23/2018JPMorgan Chase & Co.UpgradeNeutral ➝ OverweightHigh
i
6/29/2018Morgan StanleyBoost Price TargetEqual Weight ➝ Equal Weight$7.50 ➝ $8.00Low
i
6/26/2018MacquarieInitiated CoverageOutperformMedium
i
6/6/2018CitigroupInitiated CoverageBuy$11.00Low
i
5/9/2018Seaport Global SecuritiesInitiated CoverageBuy$10.00High
i
Rating by M. Levin at Seaport Global Securities
4/24/2018Morgan StanleyBoost Price TargetEqual Weight ➝ Equal Weight$7.00 ➝ $7.50Low
i
4/23/2018Clarkson CapitalUpgradeNeutral ➝ Buy$7.00 ➝ $11.00High
i
4/20/2018Jefferies Financial GroupReiterated RatingBuy$9.50Low
i
3/20/2018The Goldman Sachs GroupInitiated CoverageNeutral ➝ Neutral$8.00Medium
i
3/14/2018Vertical ResearchDowngradeHold ➝ SellLow
i
Rating by Gordon Johnson at Vertical Research
3/2/2018B. RileyReiterated RatingBuy ➝ Buy$11.00 ➝ $12.00Medium
i
Rating by Lucas Pipes at B. Riley
2/23/2018Vertical ResearchUpgradeSell ➝ HoldMedium
i
2/7/2018Credit Suisse GroupUpgradeUnderperform ➝ OutperformMedium
i
1/26/2018B. RileyReiterated RatingBuy$11.00Low
i
Rating by Lucas Pipes at B. Riley
1/26/2018CowenReiterated RatingMarket Perform ➝ Market Perform$7.00 ➝ $9.00Medium
i
Rating by Novid Rassouli at Cowen Inc
1/19/2018Vertical ResearchInitiated CoverageSellMedium
i
1/5/2018B. RileyReiterated RatingBuy ➝ Buy$10.00 ➝ $11.00Low
i
Rating by Lucas Pipes at B. Riley
12/21/2017B. RileyReiterated RatingBuy$10.00Low
i
Rating by Lucas Pipes at B. Riley
11/24/2017KeyCorpReiterated RatingHoldN/A
i
11/17/2017B. RileySet Price TargetBuy$10.00N/A
i
Rating by Lucas Pipes at B. Riley
11/1/2017B. RileyReiterated RatingBuyN/A
i
Rating by L. Pipes at B. Riley
10/23/2017JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$6.90 ➝ $10.00N/A
i
10/20/2017FBR & CoReiterated RatingBuy$10.00N/A
i
Rating by Lucas Pipes at FBR & Co
10/17/2017CowenSet Price TargetHold$7.00N/A
i
10/2/2017FBR & CoSet Price TargetBuy$10.00Low
i
Rating by Lucas Pipes at FBR & Co
9/19/2017KeyCorpReiterated RatingHoldLow
i
9/18/2017Jefferies Financial GroupReiterated RatingBuyLow
i
9/6/2017FBR & CoReiterated RatingBuy$10.00Low
i
Rating by Lucas Pipes at FBR & Co
8/3/2017CowenReiterated RatingNeutral ➝ HoldMedium
i
7/31/2017Axiom SecuritiesReiterated RatingSellHigh
i
Rating by Gordon Johnson at Axiom Securities
7/27/2017Clarkson CapitalReiterated RatingNeutralMedium
i
Rating by J. Sussman at Clarkson Capital
7/25/2017Axiom SecuritiesReiterated RatingSellHigh
i
7/13/2017Axiom SecuritiesReiterated RatingSellMedium
i
7/7/2017Jefferies Financial GroupInitiated CoverageBuy ➝ Buy$9.00Medium
i
6/28/2017CowenReiterated RatingMarket Perform$7.00Medium
i
6/17/2017FBR & CoSet Price TargetBuy$10.00Medium
i
Rating by Lucas Pipes at FBR & Co
4/28/2017FBR & CoUpgradeMarket Perform ➝ Outperform$11.00 ➝ $10.00Medium
i
Rating by L. Pipes at FBR & Co
3/27/2017JPMorgan Chase & Co.Boost Price TargetOverweight$12.00 ➝ $13.00High
i
3/16/2017Axiom SecuritiesReiterated RatingSellLow
i
2/16/2017FBR & CoReiterated RatingMarket Perform$10.00 ➝ $11.00N/A
i
Rating by Lucas Pipes at FBR & Co
2/10/2017Axiom SecuritiesReiterated RatingSellN/A
i
2/10/2017FBR & CoBoost Price Target$11.00N/A
i
Rating by Lucas Pipes at FBR & Co
2/6/2017FBR & CoReiterated RatingMarket Perform$10.00N/A
i
Rating by Lucas Pipes at FBR & Co
1/31/2017Axiom SecuritiesReiterated RatingSellN/A
i
1/13/2017Credit Suisse GroupReiterated RatingUnderperform$6.00N/A
i
Rating by Curt Woodworth at Credit Suisse Group AG
12/27/2016Axiom SecuritiesReiterated RatingSellN/A
i
11/30/2016JPMorgan Chase & Co.Boost Price TargetOverweight$7.00 ➝ $10.00N/A
i
Rating by Michael Gambardella at JPMorgan Chase & Co.
11/26/2016Axiom SecuritiesReiterated RatingSellN/A
i
11/3/2016FBR & CoReiterated RatingHoldN/A
i
Rating by Lucas Pipes at FBR & Co
10/13/2016FBR & CoSet Price TargetHold$8.00 ➝ $6.00N/A
i
Rating by Lucas Pipes at FBR & Co
10/8/2016Credit Suisse GroupSet Price TargetSell$2.00N/A
i
Rating by Curt Woodworth at Credit Suisse Group AG
10/7/2016Credit Suisse GroupReiterated RatingUnderperform$5.58 ➝ $2.00N/A
i
9/28/2016Morgan StanleyReiterated RatingSell$3.00N/A
i
8/30/2016Axiom SecuritiesReiterated RatingSellN/A
i
8/29/2016MacquarieLower Price TargetOutperform$11.00 ➝ $10.00N/A
i
Rating by Anthony Young at Macquarie
8/16/2016Morgan StanleyReiterated RatingSell$2.00N/A
i
8/3/2016CowenBoost Price TargetMarket Perform$6.00 ➝ $9.00N/A
i
Rating by Anthony Rizzuto at Cowen Inc
7/29/2016JPMorgan Chase & Co.Lower Price TargetOverweight$10.50 ➝ $10.00N/A
i
Rating by Michael Gambardella at JPMorgan Chase & Co.
7/26/2016FBR & CoBoost Price TargetMarket Perform$4.00 ➝ $7.00N/A
i
Rating by Lucas Pipes at FBR & Co
7/18/2016Clarkson CapitalUpgradeSell ➝ NeutralN/A
i
Rating by J. Sussman at Clarkson Capital
7/12/2016JPMorgan Chase & Co.Reiterated RatingBuy$7.00 ➝ $10.50N/A
i
Rating by Michael Gambardella at JPMorgan Chase & Co.
6/10/2016MacquarieUpgradeNeutral ➝ Outperform$4.00 ➝ $7.50N/A
i
Rating by Aldo Mazzaferro at Macquarie
5/31/2016JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$3.07 ➝ $7.00N/A
i
5/23/2016Axiom SecuritiesReiterated RatingSellN/A
i
5/5/2016FBR & CoBoost Price TargetMkt Perform$3.00 ➝ $4.00N/A
i
Rating by Lucas Pipes at FBR & Co
4/30/2016CowenReiterated RatingHoldN/A
i
Rating by Anthony Rizzuto at Cowen Inc
4/29/2016CowenBoost Price TargetMarket Perform$3.00 ➝ $6.00N/A
i
4/29/2016FBR & CoReiterated RatingMarket Perform$3.00 ➝ $4.00N/A
i
Rating by Lucas Pipes at FBR & Co
4/9/2016MacquarieReiterated RatingHoldN/A
i
Rating by Aldo Mazzaferro at Macquarie
3/28/2016Morgan StanleyLower Price TargetUnderweight$14.00 ➝ $12.00N/A
i
3/18/2016Nomura SecuritiesReiterated RatingReduce$1.50N/A
i
3/17/2016Bank of AmericaReiterated RatingUnderperformN/A
i
3/10/2016Credit Suisse GroupInitiated CoverageUnderperform$1.00N/A
i
2/5/2016Deutsche Bank AktiengesellschaftLower Price TargetSell$1.50 ➝ $1.00N/A
i
Rating by Jorge Beristain at Deutsche Bank Aktiengesellschaft
1/24/2016Morgan StanleyReiterated RatingUnderweight$2.00N/A
i
1/8/2016MacquarieDowngradeOutperform ➝ Neutral$6.00 ➝ $1.60N/A
i
Rating by Aldo Mazzaferro at Macquarie
1/4/2016FBR & CoReiterated RatingHoldN/A
i
Rating by Lucas Pipes at FBR & Co
12/30/2015Deutsche Bank AktiengesellschaftReiterated RatingSellN/A
i
Rating by Jorge Beristain at Deutsche Bank Aktiengesellschaft
12/29/2015FBR & CoReiterated RatingHoldN/A
i
Rating by Lucas Pipes at FBR & Co
12/24/2015Deutsche Bank AktiengesellschaftReiterated RatingSell$1.50N/A
i
Rating by Jorge Beristain at Deutsche Bank Aktiengesellschaft
12/23/2015FBR & CoReiterated RatingHold$3.00 ➝ $1.00N/A
i
Rating by Mitesh Thakkar at FBR & Co
12/17/2015Deutsche Bank AktiengesellschaftDowngradeHold ➝ Sell$3.00 ➝ $1.50N/A
i
Rating by Jorge Beristain at Deutsche Bank Aktiengesellschaft
(Data available from 11/24/2015 forward)
Cleveland-Cliffs logo
Cleveland-Cliffs Inc. operates as an iron ore mining company in the United States. The company operates four iron ore mines in Michigan and Minnesota. It sells its products to integrated steel companies and steel producers in the United States and the Asia Pacific. The company was formerly known as Cliffs Natural Resources Inc. and changed its name to Cleveland-Cliffs Inc. in August 2017. Cleveland-Cliffs Inc. was founded in 1847 and is headquartered in Cleveland, Ohio.
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Today's Range

Now: $10.84
$10.06
$11.09

50 Day Range

MA: $8.17
$7.03
$9.23

52 Week Range

Now: $10.84
$2.63
$9.96

Volume

946,075 shs

Average Volume

11,454,550 shs

Market Capitalization

$4.33 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

2.23