$ 10.58
Key Takeaways
Risk factor
High price volatility
Profitability factor
Greatly undervalued vs peers
About
Cleveland-Cliffs Inc. operates as a flat-rolled steel producer in North America. The company offers carbon steel products, such as hot-rolled, cold-rolled, electrogalvanized, hot-dip galvanized, hot-dip galvannealed, aluminized, enameling, and advanced high-strength steel products; stainless steel products; plates; and grain oriented and non-oriented electrical steel products. It also provides tubular components, including carbon steel, stainless steel,...
Company Valuation
Considering past and projected metrics, the stock is distinctly 'cheaper' than its peers. Specifically, the stock is neutral on EV/EBITDA, underpriced on P/FC.
Target Price
The average target price of CLF is 11 and suggests 1% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to decreas