Clf stock price forecast latest clf stock price forecast data

Latest clf stock price forecast data suggest Cliffs Natural Resources is trading near $20.85, with analysts projecting modest upside towards $23.50 over the next quarter, driven by steady iron ore demand and firm steel prices. Market sentiment remains cautiously bullish as commodity indexes trend higher. So far, we've learned that ROE is a measure of a company's profitability. Depending on how much of these profits the company reinvests or "retains", and how effectively it does so, we are then able to assess a company’s earnings growth potential. Assuming all else is equal, companies that have both a higher return on equity and higher profit retention are usually the ones that have a higher growth rate when compared to companies that don't have the same features. We just received data on a new analyst forecast for $CLF. Alexander Hacking from Citigroup set a price target of 11.0 for CLF. The latest clf stock price forecast incorporates Fed policy expectations, with interest rate stability favoring cyclical stocks like CLF. Steel output growth of 3.5% y/y strengthens the underlying business case.