Cleveland-Cliffs Inc (NYSE:CLF) gets upgraded to Overweight by JPMorgan Chase & Co.

ME Staff
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Analyst Ratings For Cleveland-Cliffs Inc (NYSE:CLF)

Today, Cleveland-Cliffs Inc (NYSE:CLF) stock received an upgrade by JPMorgan Chase & Co. from Neutral to Overweight.

There are 2 sell ratings, 4 hold ratings, 9 buy ratings, 0 strong buy ratings on the stock.

The current consensus rating on Cleveland-Cliffs Inc (NYSE:CLF) is Hold with a consensus target price of $9.85 per share, a potential 1.10% downside.

Some recent analyst ratings include

  • 7/23/2018-JPMorgan Chase & Co. Upgrade from a “Neutral ” rating to a ” Overweight” rating.
  • 6/26/2018-Macquarie initiated coverage with a Outperform rating.
  • 6/6/2018-Citigroup initiated coverage with a Buy rating.
  • 5/9/2018-Seaport Global Securities initiated coverage with a Buy rating.
  • 4/23/2018-Clarkson Capital Upgrade from a “Neutral ” rating to a ” Buy” rating.
  • 4/20/2018-Jefferies Financial Group Reiterated Rating of Buy.

Recent Insider Trading Activity For Cleveland-Cliffs Inc (NYSE:CLF)
Cleveland-Cliffs Inc (NYSE:CLF) has insider ownership of 0.89% and institutional ownership of 65.05%.

  • On 4/27/2018 Eric M Rychel, Director, bought 5,000 with an average share price of $7.48 per share and the total transaction amounting to $37,400.00.
  • On 3/6/2018 Susan Miranda Green, Director, sold 11,305 with an average share price of $7.62 per share and the total transaction amounting to $86,144.10.
  • On 9/15/2017 Lourenco Goncalves, Chairman, bought 100,000 with an average share price of $7.11 per share and the total transaction amounting to $711,000.00.
  • On 8/10/2017 Lourenco Goncalves, Chairman, bought 100,000 with an average share price of $7.19 per share and the total transaction amounting to $719,000.00.
  • On 5/3/2017 John T Baldwin, Director, bought 6,000 with an average share price of $6.32 per share and the total transaction amounting to $37,920.00.
  • On 5/3/2017 Lourenco Goncalves, Chairman, bought 200,000 with an average share price of $6.31 per share and the total transaction amounting to $1,262,000.00.
  • On 5/2/2017 Douglas C Taylor, Director, bought 3,750 with an average share price of $6.61 per share and the total transaction amounting to $24,787.50.

About Cleveland-Cliffs Inc (NYSE:CLF)
Cleveland-Cliffs Inc. operates as an iron ore mining company in the United States. The company operates four iron ore mines in Michigan and Minnesota; and Koolyanobbing iron ore mining complex located in Western Australia. It sells its products to integrated steel companies and steel producers in the United States and the Asia Pacific. 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.

Recent Trading Activity for Cleveland-Cliffs Inc (NYSE:CLF)
Shares of Cleveland-Cliffs Inc closed the previous trading session at 9.96 up +1.11 12.54 % with 10.38 shares trading hands.