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

  • Consensus Rating: Buy
  • Consensus Price Target: $26.28
  • Forecasted Upside: 54.75 %
  • Number of Analysts: 12
  • Breakdown:
  • 0 Sell Ratings
  • 4 Hold Ratings
  • 8 Buy Ratings
  • 0 Strong Buy Ratings
$16.98
▼ -1.83 (-9.73%)

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 $26.28
▲ +54.75% Upside Potential
This price target is based on 12 analysts offering 12 month price targets for Cleveland-Cliffs in the last 3 months. The average price target is $26.28, with a high forecast of $39.00 and a low forecast of $19.20. The average price target represents a 54.75% upside from the last price of $16.98.

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 Buy

The current consensus among 12 investment analysts is to buy stock in Cleveland-Cliffs. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 1 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings
7/31/2020
  • 1 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
10/29/2020
  • 1 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings
1/27/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
4/27/2021
  • 0 strong buy ratings
  • 8 buy ratings
  • 2 hold ratings
  • 0 sell ratings
7/26/2021
  • 0 strong buy ratings
  • 8 buy ratings
  • 3 hold ratings
  • 0 sell ratings
10/24/2021
  • 0 strong buy ratings
  • 8 buy ratings
  • 4 hold ratings
  • 0 sell ratings
12/23/2021
  • 0 strong buy ratings
  • 8 buy ratings
  • 4 hold ratings
  • 0 sell ratings
1/22/2022

Latest Recommendations

  • 0 strong buy ratings
  • 8 buy ratings
  • 4 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
1/11/2022Wolfe ResearchDowngradeOutperform ➝ Peer Perform$23.00Low
11/29/2021Morgan StanleyBoost Price TargetEqual Weight$22.50 ➝ $23.50High
11/16/2021Wolfe ResearchInitiated CoverageOutperform$30.00Low
10/25/2021B. RileyBoost Price 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 Price 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 Price 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 Price TargetBuy$21.00 ➝ $22.00Low
4/9/2021The Goldman Sachs GroupInitiated CoverageNeutral$20.00Low
3/31/2021B. RileyBoost Price TargetBuy$20.00 ➝ $21.00High
3/8/2021KeyCorpLower Price TargetOverweight$22.00 ➝ $20.00Medium
1/19/2021KeyCorpBoost Price TargetOverweight$17.00 ➝ $20.00Low
1/19/2021BNP ParibasUpgradeNeutral ➝ Outperform$22.30Low
1/18/2021Exane BNP ParibasUpgradeNeutral ➝ OutperformN/A
1/12/2021B. RileyBoost Price TargetBuy$16.00 ➝ $20.00Low
12/22/2020KeyCorpBoost Price TargetOverweight$14.00 ➝ $17.00Medium
12/10/2020B. RileyBoost Price TargetBuy$13.00 ➝ $16.00High
12/1/2020KeyCorpBoost Price TargetOverweight$12.00 ➝ $14.00High
11/20/2020KeyCorpUpgradeSector Weight ➝ Overweight$12.00Low
10/26/2020B. RileyBoost Price TargetBuy$10.00 ➝ $13.00Low
9/16/2020Credit Suisse GroupBoost Price TargetNeutral$4.75 ➝ $5.25Low
4/15/2020Credit Suisse GroupInitiated CoverageNeutralHigh
4/7/2020B. RileyReiterated RatingBuy$10.00High
4/1/2020JPMorgan Chase & Co.Lower Price TargetNeutral$8.00 ➝ $6.00Low
3/30/2020The Goldman Sachs GroupReiterated RatingNeutral$4.00Low
3/24/2020B. RileyBoost Price TargetBuy$10.00 ➝ $11.00High
3/4/2020CitigroupLower Price TargetNeutral$8.00 ➝ $6.00Low
2/20/2020CfraReiterated RatingStrong-Buy$9.00 ➝ $10.00Medium
1/10/2020CitigroupDowngradeBuy ➝ NeutralHigh
1/9/2020B. RileyLower Price TargetBuy$12.00 ➝ $11.00Medium
11/14/2019Exane BNP ParibasInitiated CoverageNeutralLow
10/16/2019Jefferies Financial GroupLower Price Target$15.00 ➝ $12.00High
10/1/2019B. RileyLower Price TargetBuy$16.00 ➝ $13.00Medium
9/24/2019MacquarieSet Price TargetBuy$10.00High
9/23/2019JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$14.00 ➝ $8.00Medium
9/11/2019Credit Suisse GroupLower Price TargetOutperform$14.00 ➝ $12.00High
9/4/2019CitigroupLower Price TargetBuy$10.00 ➝ $8.00High
8/22/2019CowenSet Price TargetHold$10.00High
4/26/2019Credit Suisse GroupUpgradeNeutral ➝ Outperform$13.00 ➝ $14.00Low
4/25/2019B. RileyBoost Price TargetBuy$14.00 ➝ $15.00High
4/23/2019Jefferies Financial GroupSet Price TargetBuy$14.00Low
3/5/2019Morgan StanleySet Price TargetHold$12.00High
2/11/2019JPMorgan Chase & Co.Boost Price TargetAverage ➝ Overweight$17.00Medium
2/8/2019Jefferies Financial GroupBoost Price TargetBuy$11.50 ➝ $13.75Low
2/8/2019CitigroupBoost Price 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 Price TargetBuy$14.00Medium
12/3/2018CitigroupLower Price TargetBuy ➝ Buy$15.00 ➝ $13.00Low
10/23/2018Vertical ResearchSet Price TargetSell$5.00High
10/23/2018Morgan StanleySet Price TargetHold$11.00Low
10/15/2018Credit Suisse GroupReiterated RatingOutperform ➝ Neutral$13.00Low
10/5/2018CitigroupBoost Price TargetBuy ➝ Buy$12.00 ➝ $15.00Medium
9/26/2018B. RileySet Price TargetBuy$13.00 ➝ $15.00High
9/7/2018Jefferies Financial GroupUpgradeBuy$13.00High
7/27/2018Morgan StanleyBoost Price TargetEqual Weight ➝ Equal Weight$8.00 ➝ $10.00N/A
7/23/2018CitigroupBoost Price TargetBuy ➝ $10.88$11.00 ➝ $12.00High
7/23/2018B. RileyBoost Price TargetBuy ➝ $10.88$12.00 ➝ $13.00High
7/23/2018JPMorgan Chase & Co.UpgradeNeutral ➝ OverweightHigh
6/29/2018Morgan StanleyBoost Price TargetEqual Weight ➝ Equal Weight$7.50 ➝ $8.00Low
6/26/2018MacquarieInitiated CoverageOutperformMedium
6/6/2018CitigroupInitiated CoverageBuy$11.00Low
4/24/2018Morgan StanleyBoost Price 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
11/24/2017KeyCorpReiterated RatingHoldN/A
11/17/2017B. RileySet Price TargetBuy$10.00N/A
11/1/2017B. RileyReiterated RatingBuyN/A
10/23/2017JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$6.90 ➝ $10.00N/A
10/20/2017FBR & Co.Reiterated RatingBuy$10.00N/A
10/17/2017CowenSet Price TargetHold$7.00N/A
10/2/2017FBR & Co.Set Price TargetBuy$10.00Low
9/19/2017KeyCorpReiterated RatingHoldLow
9/18/2017Jefferies Financial GroupReiterated RatingBuyLow
9/6/2017FBR & Co.Reiterated RatingBuy$10.00Low
8/3/2017CowenReiterated RatingNeutral ➝ HoldMedium
7/31/2017Axiom SecuritiesReiterated RatingSellHigh
7/27/2017Clarkson CapitalReiterated RatingNeutralMedium
7/25/2017Axiom SecuritiesReiterated RatingSellHigh
7/13/2017Axiom SecuritiesReiterated RatingSellMedium
7/7/2017Jefferies Financial GroupInitiated CoverageBuy ➝ Buy$9.00Medium
6/28/2017CowenReiterated RatingMarket Perform$7.00Medium
6/17/2017FBR & Co.Set Price TargetBuy$10.00Medium
4/28/2017FBR & Co.UpgradeMarket Perform ➝ Outperform$11.00 ➝ $10.00Medium
3/27/2017JPMorgan Chase & Co.Boost Price TargetOverweight$12.00 ➝ $13.00High
3/16/2017Axiom SecuritiesReiterated RatingSellLow
2/16/2017FBR & Co.Reiterated RatingMarket Perform$10.00 ➝ $11.00N/A
2/10/2017Axiom SecuritiesReiterated RatingSellN/A
2/10/2017FBR & Co.Boost Price Target$11.00N/A
2/6/2017FBR & Co.Reiterated RatingMarket Perform$10.00N/A
1/31/2017Axiom SecuritiesReiterated RatingSellN/A
(Data available from 1/22/2017 forward)

News Sentiment Rating

0.28 (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
  • 0 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/26/2021
  • 5 very positive mentions
  • 26 positive mentions
  • 6 negative mentions
  • 1 very negative mentions
7/26/2021
  • 18 very positive mentions
  • 26 positive mentions
  • 6 negative mentions
  • 0 very negative mentions
8/25/2021
  • 8 very positive mentions
  • 18 positive mentions
  • 5 negative mentions
  • 1 very negative mentions
9/24/2021
  • 11 very positive mentions
  • 46 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
10/24/2021
  • 15 very positive mentions
  • 25 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
11/23/2021
  • 9 very positive mentions
  • 39 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
12/23/2021
  • 9 very positive mentions
  • 47 positive mentions
  • 3 negative mentions
  • 3 very negative mentions
1/22/2022

Current Sentiment

  • 9 very positive mentions
  • 47 positive mentions
  • 3 negative mentions
  • 3 very negative mentions

Recent Stories by Sentiment

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: $16.98
Low: $16.97
High: $18.53

50 Day Range

MA: $21.15
Low: $16.98
High: $23.79

52 Week Range

Now: $16.98
Low: $12.77
High: $26.51

Volume

50,743,202 shs

Average Volume

22,403,365 shs

Market Capitalization

$8.49 billion

P/E Ratio

4.39

Dividend Yield

N/A

Beta

2.2

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, Bank of America Co., BNP Paribas, Credit Suisse Group AG, Exane BNP Paribas, JPMorgan Chase & Co., KeyCorp, Morgan Stanley, The Goldman Sachs Group, Inc., TheStreet, UBS Group AG, Wolfe Research, and Zacks Investment Research.
View the latest analyst ratings for CLF.

What is the current price target for Cleveland-Cliffs?

11 Wall Street analysts have set twelve-month price targets for Cleveland-Cliffs in the last year. Their average twelve-month price target is $26.28, suggesting a possible upside of 54.8%. JPMorgan Chase & Co. has the highest price target set, predicting CLF will reach $39.00 in the next twelve months. BNP Paribas has the lowest price target set, forecasting a price of $19.20 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 4 hold ratings and 8 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe CLF will outperform the market and that investors should add to their positions of Cleveland-Cliffs.
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.