Where Does Wall Street Think Cleveland-Cliffs Inc (CLF) Stock Will Go?

Analysts who follow Cleveland-Cliffs Inc (CLF) on average expect it to lose -18.60% over the next twelve months. Those same analysts give the stock an average rating of Buy. That average rating earns CLF an Analyst Ranking of 26, which means it ranks higher than 26 of stocks, based on data compiled by InvestorsObserver.

Wall Street analysts are rating CLF a Buy today. Find out what this means to you and get the rest of the rankings on CLF!

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Why are Analyst Ratings Important?

Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers. InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.

What's Happening With Cleveland-Cliffs Inc Stock Today?

Cleveland-Cliffs Inc (CLF) stock is trading at $21.59 as of 10:23 AM on Monday, Jan 30, a loss of -$0.03, or -0.14% from the previous closing price of $21.62. The stock has traded between $21.08 and $21.63 so far today. Volume today is light. So far 1,301,822 shares have traded compared to average volume of 12,532,942 shares. Click Here to get the full Stock Report for Cleveland-Cliffs Inc stock.