Cleveland-Cliffs - CLF Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $20.42
  • Forecasted Upside: 26.36 %
  • Number of Analysts: 10
  • Breakdown:
  • 3 Sell Ratings
  • 1 Hold Ratings
  • 6 Buy Ratings
  • 0 Strong Buy Ratings
$16.16
▲ +0.33 (2.08%)

This chart shows the closing price for CLF by one month, three months, or twelve months.

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Analyst Price Target for CLF

Analyst Price Target is $20.42
▲ +26.36% Upside Potential
This price target is based on 10 analysts offering 12 month price targets for Cleveland-Cliffs in the last 3 months. The average price target is $20.42, with a high forecast of $37.00 and a low forecast of $12.00. The average price target represents a 26.36% upside from the last price of $16.16.

This chart shows the closing price for CLF for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 10 contributing investment analysts is to hold stock in Cleveland-Cliffs. This rating has held steady since October 2022, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 7 buy ratings
  • 0 hold ratings
  • 2 sell ratings
6/16/2021
  • 0 strong buy ratings
  • 8 buy ratings
  • 1 hold ratings
  • 2 sell ratings
9/14/2021
  • 0 strong buy ratings
  • 8 buy ratings
  • 1 hold ratings
  • 3 sell ratings
12/13/2021
  • 0 strong buy ratings
  • 7 buy ratings
  • 1 hold ratings
  • 3 sell ratings
3/13/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 1 sell ratings
6/11/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 1 sell ratings
9/9/2022
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 3 sell ratings
11/8/2022
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 3 sell ratings
12/8/2022

Latest Recommendations

  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 3 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/2/2022Wolfe ResearchDowngradePeer Perform ➝ Underperform$12.00Low
10/26/2022Morgan StanleyLower TargetEqual Weight$14.50 ➝ $13.60Low
10/26/2022B. RileyLower Target$32.00 ➝ $26.00Low
10/18/2022BNP ParibasDowngradeNeutral ➝ Underperform$14.30Low
10/18/2022Exane BNP ParibasDowngradeNeutral ➝ Underperform$14.30Low
10/6/2022The Goldman Sachs GroupLower TargetBuy$23.00 ➝ $19.00Low
9/28/2022ArgusLower TargetBuy$33.00 ➝ $23.00Low
9/27/2022B. RileyLower TargetBuy$37.00 ➝ $32.00Low
9/21/2022Credit Suisse GroupLower TargetOutperform$30.00 ➝ $25.00Low
9/13/2022CitigroupBoost Target$20.00Low
7/25/2022Morgan StanleyLower TargetEqual Weight$16.00 ➝ $14.50Low
7/21/2022Credit Suisse GroupLower TargetOutperform$37.00 ➝ $30.00Low
7/12/2022The Goldman Sachs GroupLower Target$26.00 ➝ $24.00N/A
7/6/2022Morgan StanleyLower TargetEqual Weight$24.00 ➝ $16.00N/A
7/6/2022B. RileyLower TargetBuy$47.00 ➝ $39.00N/A
6/14/2022Clarkson CapitalReiterated RatingBuyLow
6/14/2022JPMorgan Chase & Co.Lower Target$43.00 ➝ $37.00High
5/31/2022The Goldman Sachs GroupLower TargetBuy$36.00 ➝ $27.00High
4/25/2022B. RileyBoost TargetBuy$46.00 ➝ $47.00Medium
4/19/2022Credit Suisse GroupBoost Target$34.00 ➝ $37.00Medium
3/28/2022B. RileyBoost TargetBuy$37.00 ➝ $46.00Low
3/24/2022JPMorgan Chase & Co.Boost TargetOverweight$37.00 ➝ $44.00High
3/22/2022The Goldman Sachs GroupBoost TargetBuy$27.00 ➝ $31.00Medium
1/11/2022Wolfe ResearchDowngradeOutperform ➝ Peer Perform$23.00Low
11/29/2021Morgan StanleyBoost TargetEqual Weight$22.50 ➝ $23.50High
11/16/2021Wolfe ResearchInitiated CoverageOutperform$30.00Low
10/25/2021B. RileyBoost TargetBuy$36.00 ➝ $37.00High
10/6/2021The Goldman Sachs GroupUpgradeNeutral ➝ Buy$26.00 ➝ $24.00High
8/11/2021Morgan StanleyInitiated CoverageEqual Weight$26.00High
7/8/2021ArgusInitiated CoverageBuy$26.00Medium
6/16/2021JPMorgan Chase & Co.Initiated CoverageOverweight$39.00Low
6/10/2021UBS GroupBoost TargetBuy$22.09 ➝ $28.35High
5/17/2021Bank of AmericaInitiated CoverageBuy$25.00High
5/4/2021Credit Suisse GroupUpgradeNeutral ➝ Outperform$21.00 ➝ $24.00High
4/26/2021B. RileyBoost TargetReduce ➝ Buy$22.00 ➝ $24.00High
4/26/2021BNP ParibasReiterated RatingOutperform ➝ Neutral$19.20High
4/19/2021Exane BNP ParibasDowngradeOutperform ➝ NeutralLow
4/19/2021BNP ParibasDowngradeOutperform ➝ Neutral$19.20High
4/13/2021B. RileyBoost TargetBuy$21.00 ➝ $22.00Low
4/9/2021The Goldman Sachs GroupInitiated CoverageNeutral$20.00Low
3/31/2021B. RileyBoost TargetBuy$20.00 ➝ $21.00High
3/8/2021KeyCorpLower TargetOverweight$22.00 ➝ $20.00Medium
1/19/2021KeyCorpBoost TargetOverweight$17.00 ➝ $20.00Low
1/19/2021BNP ParibasUpgradeNeutral ➝ Outperform$22.30Low
1/18/2021Exane BNP ParibasUpgradeNeutral ➝ OutperformN/A
1/12/2021B. RileyBoost TargetBuy$16.00 ➝ $20.00Low
12/22/2020KeyCorpBoost TargetOverweight$14.00 ➝ $17.00Medium
12/10/2020B. RileyBoost TargetBuy$13.00 ➝ $16.00High
12/1/2020KeyCorpBoost TargetOverweight$12.00 ➝ $14.00High
11/20/2020KeyCorpUpgradeSector Weight ➝ Overweight$12.00Low
10/26/2020B. RileyBoost TargetBuy$10.00 ➝ $13.00Low
9/16/2020Credit Suisse GroupBoost TargetNeutral$4.75 ➝ $5.25Low
4/15/2020Credit Suisse GroupInitiated CoverageNeutralHigh
4/7/2020B. RileyReiterated RatingBuy$10.00High
4/1/2020JPMorgan Chase & Co.Lower TargetNeutral$8.00 ➝ $6.00Low
3/30/2020The Goldman Sachs GroupReiterated RatingNeutral$4.00Low
3/24/2020B. RileyBoost TargetBuy$10.00 ➝ $11.00High
3/4/2020CitigroupLower TargetNeutral$8.00 ➝ $6.00Low
2/20/2020CfraReiterated RatingStrong-Buy$9.00 ➝ $10.00Medium
1/10/2020CitigroupDowngradeBuy ➝ NeutralHigh
1/9/2020B. RileyLower TargetBuy$12.00 ➝ $11.00Medium
11/14/2019Exane BNP ParibasInitiated CoverageNeutralLow
10/16/2019Jefferies Financial GroupLower Target$15.00 ➝ $12.00High
10/1/2019B. RileyLower TargetBuy$16.00 ➝ $13.00Medium
9/24/2019MacquarieSet TargetBuy$10.00High
9/23/2019JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$14.00 ➝ $8.00Medium
9/11/2019Credit Suisse GroupLower TargetOutperform$14.00 ➝ $12.00High
9/4/2019CitigroupLower TargetBuy$10.00 ➝ $8.00High
8/22/2019CowenSet TargetHold$10.00High
4/26/2019Credit Suisse GroupUpgradeNeutral ➝ Outperform$13.00 ➝ $14.00Low
4/25/2019B. RileyBoost TargetBuy$14.00 ➝ $15.00High
4/23/2019Jefferies Financial GroupSet TargetBuy$14.00Low
3/5/2019Morgan StanleySet TargetHold$12.00High
2/11/2019JPMorgan Chase & Co.Boost TargetAverage ➝ Overweight$17.00Medium
2/8/2019Jefferies Financial GroupBoost TargetBuy$11.50 ➝ $13.75Low
2/8/2019CitigroupBoost TargetBuy$13.00High
2/7/2019CowenReiterated RatingMarket Perform ➝ Market Perform$8.50 ➝ $11.00Medium
1/8/2019CowenInitiated CoverageMarket Perform ➝ Market Perform$8.50Medium
12/13/2018B. RileySet TargetBuy$14.00Medium
12/3/2018CitigroupLower TargetBuy ➝ Buy$15.00 ➝ $13.00Low
10/23/2018Vertical ResearchSet TargetSell$5.00High
10/23/2018Morgan StanleySet TargetHold$11.00Low
10/15/2018Credit Suisse GroupReiterated RatingOutperform ➝ Neutral$13.00Low
10/5/2018CitigroupBoost TargetBuy ➝ Buy$12.00 ➝ $15.00Medium
9/26/2018B. RileySet TargetBuy$13.00 ➝ $15.00High
9/7/2018Jefferies Financial GroupUpgradeBuy$13.00High
7/27/2018Morgan StanleyBoost TargetEqual Weight ➝ Equal Weight$8.00 ➝ $10.00N/A
7/23/2018CitigroupBoost TargetBuy ➝ $10.88$11.00 ➝ $12.00High
7/23/2018B. RileyBoost TargetBuy ➝ $10.88$12.00 ➝ $13.00High
7/23/2018JPMorgan Chase & Co.UpgradeNeutral ➝ OverweightHigh
6/29/2018Morgan StanleyBoost TargetEqual Weight ➝ Equal Weight$7.50 ➝ $8.00Low
6/26/2018MacquarieInitiated CoverageOutperformMedium
6/6/2018CitigroupInitiated CoverageBuy$11.00Low
4/24/2018Morgan StanleyBoost TargetEqual Weight ➝ Equal Weight$7.00 ➝ $7.50Low
4/23/2018Clarkson CapitalUpgradeNeutral ➝ Buy$7.00 ➝ $11.00High
4/20/2018Jefferies Financial GroupReiterated RatingBuy$9.50Low
3/20/2018The Goldman Sachs GroupInitiated CoverageNeutral ➝ Neutral$8.00Medium
3/14/2018Vertical ResearchDowngradeHold ➝ SellLow
3/2/2018B. RileyReiterated RatingBuy ➝ Buy$11.00 ➝ $12.00Medium
2/23/2018Vertical ResearchUpgradeSell ➝ HoldMedium
2/7/2018Credit Suisse GroupUpgradeUnderperform ➝ OutperformMedium
1/26/2018B. RileyReiterated RatingBuy$11.00Low
1/26/2018CowenReiterated RatingMarket Perform ➝ Market Perform$7.00 ➝ $9.00Medium
1/19/2018Vertical ResearchInitiated CoverageSellMedium
1/5/2018B. RileyReiterated RatingBuy ➝ Buy$10.00 ➝ $11.00Low
12/21/2017B. RileyReiterated RatingBuy$10.00Low
(Data available from 12/8/2017 forward)

News Sentiment Rating

0.46 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 14 very positive mentions
  • 32 positive mentions
  • 7 negative mentions
  • 0 very negative mentions
5/12/2022
  • 3 very positive mentions
  • 17 positive mentions
  • 4 negative mentions
  • 1 very negative mentions
6/11/2022
  • 6 very positive mentions
  • 17 positive mentions
  • 6 negative mentions
  • 2 very negative mentions
7/11/2022
  • 10 very positive mentions
  • 33 positive mentions
  • 6 negative mentions
  • 0 very negative mentions
8/10/2022
  • 7 very positive mentions
  • 19 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
9/9/2022
  • 11 very positive mentions
  • 24 positive mentions
  • 2 negative mentions
  • 2 very negative mentions
10/9/2022
  • 9 very positive mentions
  • 17 positive mentions
  • 8 negative mentions
  • 1 very negative mentions
11/8/2022
  • 2 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
12/8/2022

Current Sentiment

  • 2 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Cleveland-Cliffs logo
Cleveland-Cliffs is the largest flat-rolled steel company and the largest iron ore pellet producer in North America. The company is vertically integrated from mining through iron making, steelmaking, rolling, finishing and downstream with hot and cold stamping of steel parts and components. 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: $16.16
Low: $16.05
High: $16.65

50 Day Range

MA: $14.78
Low: $11.87
High: $16.42

52 Week Range

Now: $16.16
Low: $11.82
High: $34.04

Volume

8,723,214 shs

Average Volume

17,927,313 shs

Market Capitalization

$8.33 billion

P/E Ratio

3.51

Dividend Yield

N/A

Beta

2.19

Frequently Asked Questions

What sell-side analysts currently cover shares of Cleveland-Cliffs?

The following Wall Street analysts have issued stock ratings on Cleveland-Cliffs in the last year: Argus, B. Riley, BNP Paribas, Citigroup Inc., Clarkson Capital, Credit Suisse Group AG, Exane BNP Paribas, JPMorgan Chase & Co., Morgan Stanley, StockNews.com, The Goldman Sachs Group, Inc., TheStreet, and Wolfe Research.
View the latest analyst ratings for CLF.

What is the current price target for Cleveland-Cliffs?

10 Wall Street analysts have set twelve-month price targets for Cleveland-Cliffs in the last year. Their average twelve-month price target is $20.42, suggesting a possible upside of 29.0%. JPMorgan Chase & Co. has the highest price target set, predicting CLF will reach $37.00 in the next twelve months. Wolfe Research has the lowest price target set, forecasting a price of $12.00 for Cleveland-Cliffs in the next year.
View the latest price targets for CLF.

What is the current consensus analyst rating for Cleveland-Cliffs?

Cleveland-Cliffs currently has 3 sell ratings, 1 hold rating and 6 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in CLF, but not buy more shares or sell existing shares.
View the latest ratings for CLF.

What other companies compete with Cleveland-Cliffs?

How do I contact Cleveland-Cliffs' investor relations team?

Cleveland-Cliffs' physical mailing address is 200 PUBLIC SQUARE SUITE 3300, CLEVELAND OH, 44114. The mining company's listed phone number is 216-694-5700 and its investor relations email address is [email protected] The official website for Cleveland-Cliffs is www.clevelandcliffs.com. Learn More about contacing Cleveland-Cliffs investor relations.