Online Broadband Guide
Online Broadband Guide

Cliffs Natural Resources Inc. (NYSE:CLF) Analysts Recommendations and Insider Trading

Zacks Investment Research upgraded Cliffs Natural Resources from a "hold" rating to a "buy" rating and set a $10.00 target price on the stock in a report on Tuesday, January 17th. Out of 9 brokerage recommendations, 0 gave a Strong Buy, 2 issued a Buy, 5 issued Hold, 2 rated Under-perform and 0 issued a Sell. The average 12-month price objective among brokers that have updated their coverage on the stock in the past year is $7.92.

A number of research analysts have weighed in on CLF shares. The median estimate represents a -16.12% decrease from the last price of 10.73.

CLIFFS NATURAL RESOURCES INC, formerly Cleveland-Cliffs Inc, is an worldwide mining company, a producer of iron ore pellets in North America and a supplier of metallurgical coal to the global steelmaking industry. Private Advisor Group LLC's holdings in Cliffs Natural Resources were worth $303,000 at the end of the most recent reporting period.

Since the beginning of the calendar year, Cliffs Natural Resources Inc. The mean PT is calculated considering the consensus of 7 analysts. If you are accessing this story on another publication, it was illegally copied and republished in violation of United States & global copyright & trademark laws.

Most exciting investors analysis over CLF performance this year? . The stocks have underperformed the S&P 500 by 7.43% during the past week but Cliffs Natural Resources Inc. BlackRock Fund Advisors now owns 5,723,151 shares of the mining company's stock worth $33,480,000 after buying an additional 1,500,604 shares during the period. Price changes resulting from an earnings surprise can be felt immediately.

Pandora Media, Inc. (NYSE:P) share price decreased in the last trading session with a previous 52-week high of $14.98. Finally, BlackRock Fund Advisors raised its stake in Cliffs Natural Resources by 35.5% in the third quarter. CLF Director GREEN SUSAN MIRANDA also purchased 1,770 shares, at a stock price of $5.65.

Turning to market valuation, the P/E ratio is 10.76, the P/S ratio is 1.43 and The stock is up 26.75% in this year through last close, and the beta ratio has a value of 1.63. (NYSE:CLF) topped its 52-week high price of $12.37 on Feb 13, 2017 and 52-Week Low Price of $2.07 on Mar 1, 2016. The stock is now moving above its 20-Day Simple Moving Average of 12.21% with the 50-Day Simple Moving Average of 12.21 percent. The stock now has a Market Cap of $3.02B. (NYSE:CLF) opened at 11.76 on Thursday. The mining company reported $0.42 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.23 by $0.19. The firm earned $754 million during the quarter, compared to analyst estimates of $662.09 million. Cliffs Natural Resources had a net margin of 8.26% and a negative return on equity of 6.02%.


editors' picks

March 01, 2017
Telstra collaborates with Ericsson for transformation program called "Network of the Future"
To prepare the network for evolution to 5G, the companies will implement key technology enhancements included in 3GPP Release 13 and beyond.

February 28, 2017
Azerbaijan's forces destroy Armenian drone - defense ministry
The Azeri defense ministry said the clashes had occurred early on Saturday in the remote Khojavend and Fizuli regions. Lapshin is accused of violating Azerbaijani laws on state border in April 2011 and October 2012.

February 27, 2017
Jose Mourinho concedes Manchester United were fortunate to beat Southampton
Mourinho complained bitterly about the Europa League Round of 16 draw which paired Manchester United with Russian team Rostov. For United this is Ibrahimovic, with Mourinho saying any serious layoff for the 24-goal man would be a "disaster".

February 26, 2017
Paris mayor fires back at Donald Trump
He incorrectly suggested that there was a terror attack in Sweden last Friday, puzzling the Nordic country's leadership. Now, Trump said , his friend doesn't visit. "Now he doesn't even think in terms of going there".

February 25, 2017
Apple to launch lesser storage variants for iPhone 8
Apple is reportedly discussing with China's BOE Technology Group about the supply of OLED displays for its future iPhone products. Apple is rumored to be planning a huge event this fall - an event that'll mark the iPhone's 10th anniversary into the business.

February 24, 2017
THE PANDA HAS LANDED! DC's panda Bao Bao arrives in China
Bao Bao, who now weighs around 200lbs (90kg), has been a central attraction at the national zoo since her birth in August 2013. She'll be in quarrantine for approximately 30 days at the China Conservation and Research Center Dujiangyan Panda Base .

February 23, 2017
Iraq launches offensive to liberate western Mosul from Islamic State
The humanitarian agencies were gearing up to aid 250,000 to 400,000 civilians who may flee due to fighting, the statement said. The militants are in charge of the road that links Mosul to Tal Afar , a town they control 60 km (40 miles) to the west.

February 22, 2017
Interserve PLC upgraded to Hold By Peel Hunt
In other news, insider Keith Adey sold 4,800 shares of the firm's stock in a transaction on Monday, November 28th. Over the last twelve months Interserve PLC's share price has increased from 0.00 to 228.02, changing by 0%.

February 22, 2017
At African American Museum, Donald Trump Vows to Defend 'Promise of Freedom'
Ben Carson, who has an exhibit at the museum. "Hopefully next week he'll get his approval". He said that he would return to see more of the museum.

February 20, 2017
Joey Barton has his say over stamping controversy
Lincoln have seen off higher-league opposition in the shape of Oldham, Ipswich and Brighton already this season. I HAVE always loved the FA Cup .