Analysts lift average price targets for Cleveland-Cliffs and Commercial Metals
According to TradingView, citing FactSet, average 12-month price targets for Cleveland-Cliffs and Commercial Metals rose. Consensus ratings for both stocks held steady.
- published
- in the api
- on the website
on the website stories appear 15 minutes after publication, in the api at once. connect the api →
what happened
The average 12-month price target for Cleveland-Cliffs Inc. climbed from $13.04 to $13.13, according to TradingView. Estimates from 11 analysts range from $11 to $17.48 per share. Measured against the October 16 close, the new target implies roughly 8% potential upside.
For Commercial Metals Company, the average 12-month target moved up from $78.56 to $79.1. Forecasts from 10 analysts span $70 to $85 a share, and the implied upside from the October 16 close is about 22%.
The consensus rating on Cleveland-Cliffs remains Hold, with 4 Buy, 11 Hold and 2 Sell ratings among 17 analysts. Commercial Metals keeps a Buy consensus across 12 analysts: 7 Buys, 5 Holds and no Sells.
why it matters
These target revisions reflect analysts' views on two metals and steel-related companies. For investors they serve as a gauge of sentiment rather than a signal to act, and changes like these rarely move the broader metals sector on their own.
tags
instruments
sources
- Cleveland-Cliffs Inc. Stock 12‑Month Price Target Raised to $13.13, Implies 8% Upside — TradingView, 19 October 2026 at 07:20 UTC
- Commercial Metals Company Stock 12‑Month Price Target Raised to $79.1, Implies 22% Upside — TradingView, 19 October 2026 at 07:20 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
on the website stories appear 15 minutes after publication, in the api at once.
get stories in real time ↗