Key Points:
- Cleveland-Cliffs (CLF, Financial) shares dip 5.9% after recent tariff news from President Trump affects sector dynamics.
- Analysts set the average one-year target price at $12.65 for CLF, indicating significant upside potential.
- GuruFocus projects an 86.6% upside, estimating the GF Value for CLF at $16.29.
Cleveland-Cliffs (CLF) shares experienced a notable 5.9% decline in post-market trading influenced by the latest tariff update from President Trump. Even though there are exemptions on steel and aluminum imports, domestic buyers continue to face the pressures of existing 25% tariffs, impacting stocks across the sector.
Wall Street Analysts Forecast
An analysis of one-year price targets by 11 analysts reveals an average target price for Cleveland-Cliffs Inc (CLF, Financial) at $12.65. This analysis presents a high estimate of $20.00 and a low estimate of $8.00. The average target signifies a significant upside potential of 44.91% compared to the current trading price of $8.73. For a more comprehensive breakdown, investors can visit the Cleveland-Cliffs Inc (CLF) Forecast page.
Furthermore, consensus reviews from 13 brokerage firms place Cleveland-Cliffs Inc's (CLF, Financial) average brokerage recommendation at 2.7, indicating a "Hold" status. The rating scale utilized ranges from 1 to 5, where a rating of 1 represents a Strong Buy and a rating of 5 denotes a Sell.
According to GuruFocus estimates, the projected GF Value for Cleveland-Cliffs Inc (CLF, Financial) in one year is $16.29, which suggests an anticipated upside of 86.6% from the current price of $8.73. The GF Value represents GuruFocus' assessment of the stock's fair trading value. It considers historical trading multiples, previous business growth, and future business performance estimates. More detailed insights are available on the Cleveland-Cliffs Inc (CLF) Summary page.
