Cleveland-Cliffs Inc. with ticker code (CLF) have now 9 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 37 and 23 with a mean TP of 29.17. Now with the previous closing price of 16.98 this would imply there is a potential upside of 71.8%. The 50 day MA is 21.19 and the 200 day MA is 21.44. The company has a market cap of $8,557m. Find out more information at: https://www.clevelandcliffs.com
The potential market cap would be $14,699m based on the market concensus.
Cleveland-Cliffs Inc. operates as a flat-rolled steel producer in North America. It also manufactures iron ore pellets. The company is vertically integrated from mined raw materials and direct reduced iron to primary steelmaking and downstream finishing, stamping, tooling, and tubing. It serves a range of markets through offering of flat-rolled steel products and supplies steel to the automotive industry. 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.
