Analysts have been eager to weigh in on the Materials sector with new ratings on Cleveland-Cliffs (CLF – Research Report) and Sealed Air (SEE – Research Report).
Cleveland-Cliffs (CLF)
In a report released yesterday, Lawson Winder from Bank of America Securities maintained a Hold rating on Cleveland-Cliffs, with a price target of $18.00. The company’s shares closed last Monday at $14.37.
According to TipRanks.com, Winder is a 1-star analyst with an average return of
Cleveland-Cliffs has an analyst consensus of Moderate Buy, with a price target consensus of $20.60.
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Sealed Air (SEE)
In a report released yesterday, George Staphos from Bank of America Securities maintained a Buy rating on Sealed Air, with a price target of $43.00. The company’s shares closed last Monday at $28.58, close to its 52-week low of $28.50.
According to TipRanks.com, Staphos is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sealed Air with a $42.50 average price target, implying a 48.0% upside from current levels. In a report issued on October 10, Citi also maintained a Buy rating on the stock with a $37.00 price target.
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Read More on CLF:
- Cleveland-Cliffs (NYSE:CLF) Rises on Stellar Q3 Earnings Results
- Cleveland-Cliffs options imply 6.0% move in share price post-earnings
- Options Volatility and Implied Earnings Moves Today, October 23, 2023
- Is CLF a Buy, Before Earnings?
- Cleveland-Cliffs announces price hikes for hot rolled, cold rolled, coated steel
