Price Target Analysis of Cliffs Natural Resources Inc. (NYSE:CLF)


Cliffs Natural Resources Inc. (NYSE:CLF) currently has a “Buy” signals on Composite indicators by TrendSpotter. While the Short-Term Technical Indicators for the stock on 7-Day Average Directional Indicator shows “Buy” signal. 10 – 8 Day Moving Average Hilo Channel shows “Buy” signal. While 20-Day Moving Average VS Current Price shows “Buy” Signal.

Cliffs Natural Resources Inc. (NYSE:CLF) lost -0.68 Percent and closed its previous trading session at $8.79. The stock traded with the average Volume of 9.87 Million at the end of last session.

The company reported its last earnings Actual EPS of $-0.29/share. While, the analyst predicted that the company could provide an EPS of $-0.22/share. Hence the difference between Predicted EPS and Actual EPS reported is $-0.07/share which shows an Earnings Surprise of -31.8 Percent.

Sell side analysts plays vital role in buying and selling a stock where 2 analysts rated Cliffs Natural Resources Inc. (NYSE:CLF) as Buy, 0 analysts given Outperform signal, 0 reported Hold, and 0 analysts rated the stock as Sell.

The stock’s current distance from 20-Day Simple Moving Average (SMA20) is 3.2% where SMA50 and SMA200 are 12.43% and 20% respectively.

The company shows its Return on Assets (ROA) value of 12.7%. The Return on Equity (ROE) value stands at -48.7%. While it’s Return on Investment (ROI) value is 5.5%.

Cliffs Natural Resources Inc. (NYSE:CLF) currently has a Weekly Volatility of 3.15% percent while its Monthly Volatility is at 3.79% percent. While talking about Performance of the Stock, Cliffs Natural Resources Inc. currently has a Weekly performance of 1.85%, monthly performance percentage is 4.89 percent, Quarterly performance is 22.94 percent, 6 months performance shows a percent value of 36.28% and Yearly Performance is 41.09 percent.

Company Profile:

Cleveland-Cliffs Inc. is an iron ore mining company primarily in the United States. The company is a supplier of iron ore pellets to the North American steel industry from our mines and pellet plants located in Michigan and Minnesota. Cleveland-Cliffs Inc, formerly known as Cliffs Natural Resources Inc., is headquartered in Cleveland, Ohio.