Cleveland-Cliffs Inc. – Consensus ‘hold’ rating and 18.5% Upside Potential

Broker Ratings
[shareaholic app="share_buttons" id_name="post_below_content"]

Cleveland-Cliffs Inc. which can be found using ticker (CLF) now have 10 analysts in total covering the stock. The consensus rating is pointing to ‘hold’. The target price High/Low ranges between $21.00 and $10.00 calculating the average target price we see $14.75. Given that the stocks previous close was at $12.45 and the analysts are correct then there would likely be a percentage uptick in value of 18.5%. The 50 day MA is $12.70 and the 200 day MA is $15.78. The total market capitalization for the company now stands at 6.34B. The stock price is currently at: $12.83 USD

The potential market cap would be $7,508,556,987 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of -, revenue per share of $41.22 and a 0.5% return on assets.

Cleveland-Cliffs Inc. is a flat-rolled steel producer in North America. The Company is engaged in manufacturing iron ore pellets. It is vertically integrated from mined raw materials, direct reduced iron and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling, and tubing. It offers advanced high-strength steels (AHSS), hot-dipped galvanized, aluminized, galvalume, electrogalvanized, galvanneal, hot-rolled coil (HRC), cold-rolled coil, plate, tinplate, grain oriented electrical steel (GOES), non-oriented electrical steel (NOES), stainless steels, tool and die, stamped components, rail, slab and cast ingot. It provides steel solutions, such as operations of tooling and stamping, which provides advanced-engineered solutions, tool design and build, hot and cold-stamped components, and complex assemblies for the automotive market. It serves various markets, such as automotive, infrastructure and manufacturing, steel producers, and distributors and converters.

Twitter
LinkedIn
Facebook
Email
Reddit
Telegram
WhatsApp
Pocket
Find more news, interviews, share price & company profile here for:

      Search

      Search