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Monday, 12/13/2021 12:07:18 PM

Monday, December 13, 2021 12:07:18 PM

Post# of 8898
J.P. Morgan Stick to Their Buy Rating for Cleveland-Cliffs Inc

Investing.com  | Dec 12, 2021 07:09AM ET


J.P. Morgan analyst Michael Glick maintained a Buy rating on Cleveland-Cliffs (NYSE:CLF) Inc on Friday, setting a price target of $31, which is approximately 53.01% above the present share price of $20.26.
Glick expects Cleveland-Cliffs Inc to post earnings per share (EPS) of $2.46 for the fourth quarter of 2021.
The current consensus among 6 TipRanks analysts is for a Moderate Buy rating of shares in Cleveland-Cliffs, with an average price target of $29.26.
The analysts price targets range from a high of $37 to a low of $23.5.

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