Vetr Inc. announced Cliffs Natural Resources Inc (NYSE:CLF), bumping up its stock price target to $9.01 today
- Updated: November 29, 2016
In a report released on 11/29/2016 Vetr Inc. increased the stock price target of Cliffs Natural Resources Inc (NYSE:CLF) to $9.01 reporting a possible upside of 0.03%.
Previously on Friday February 05, 2016, Deutsche Bank reported on Cliffs Natural Resources Inc (NYSE:CLF) held steady the target price at $1.00. At the time, this indicated a possible downside of -0.48%.
Just yesterday Cliffs Natural Resources Inc (NYSE:CLF) traded -9.98% lower at $8.75. Cliffs Natural Resources Inc’s 50-day moving average is $6.59 and its 200-day moving average is $5.97. The last closing price is up 46.56% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.03% over the same time period. 23,811,431 shares of CLF traded hands, up from an average trading volume of 11,408,200
Recent Performance Chart
Cliffs Natural Resources Inc has one year low of $1.20 and a one year high of $10.14 with a PE ratio of 44.64 and has a market capitalization of $0.
A total of 8 brokerages have released a report on Cliffs Natural Resources Inc. zero brokerages rating the company a strong buy, zero brokerages rating the company a buy, seven brokerages rating the company a hold, four brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $3.81.
General Company Details For Cliffs Natural Resources Inc (NYSE:CLF)
Cliffs Natural Resources Inc. is a mining and natural resources company. The Company is a supplier of iron ore pellets to the North American steel industry from its mines and pellet plants located in Michigan and Minnesota. The Company's segments include U.S. Iron Ore and Asia Pacific Iron Ore. The Company is a producer of iron ore pellets, primarily selling production from U.S. Iron Ore to integrated steel companies in the United States and Canada. The Company manages approximately five iron ore mines located in Michigan and Minnesota. In Michigan, it is operating over two iron ore mines, Empire mine and Tilden mine. In Minnesota, it is operating approximately one iron ore mine, Hibbing mine. The other two iron ore operations in Minnesota, United Taconite mine and Northshore mine. Its Asia Pacific Iron Ore operations are located in Western Australia and consist of its Koolyanobbing operation. The Company operates an iron ore mining complex in Western Australia.
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