Companhia Energetica de Minas Gerais CEMIG
F:CID

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Companhia Energetica de Minas Gerais CEMIG
F:CID
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Price: 1.93 EUR -3.5% Market Closed
Market Cap: €5.5B

Wall St Price Targets

CID Price Targets Summary
Companhia Energetica de Minas Gerais CEMIG

Wall Street analysts forecast CID stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for CID is 2.08 EUR with a low forecast of 1.55 EUR and a high forecast of 2.42 EUR.

Lowest Forecast
Price Target
1.55 EUR
19% Downside
Average Forecast
Price Target
2.08 EUR
8% Upside
Highest Forecast
Price Target
2.42 EUR
26% Upside
Companhia Energetica de Minas Gerais CEMIG Competitors:
Price Targets
MNO
Meridian Mining UK Societas
46% Upside

Revenue
Forecast

7% / Year
Past Growth
3% / Year
Estimated Growth
Estimates Accuracy
4%
Average Beat
7% / Year
Past Growth
3% / Year
Estimated Growth
Estimates Accuracy
4%
Average Beat

Over the last 13 years, the compound annual growth rate for Revenue has been 7%. The projected CAGR for the next 4 years is 3%.

Operating Income
Forecast

3% / Year
Past Growth
5% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss
3% / Year
Past Growth
5% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Over the last 13 years, the compound annual growth rate for Operating Income has been 3%. The projected CAGR for the next 4 years is 5%.

Net Income
Forecast

9% / Year
Past Growth
-13% / Year
Estimated Growth
Estimates Accuracy
1%
Average Beat
9% / Year
Past Growth
-13% / Year
Estimated Growth
Estimates Accuracy
1%
Average Beat

Over the last 13 years, the compound annual growth rate for Net Income has been 9%. The projected CAGR for the next 4 years is -13%.

Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What you see on other sites is mostly sourced from sell-side analysts.

What is CID's stock price target?
Price Target
2.08 EUR

According to Wall Street analysts, the average 1-year price target for CID is 2.08 EUR with a low forecast of 1.55 EUR and a high forecast of 2.42 EUR.

What is the Revenue forecast for Companhia Energetica de Minas Gerais CEMIG?
Projected CAGR
3%

Over the last 13 years, the compound annual growth rate for Revenue has been 7%. The projected CAGR for the next 4 years is 3%.

What is the Operating Income forecast for Companhia Energetica de Minas Gerais CEMIG?
Projected CAGR
5%

Over the last 13 years, the compound annual growth rate for Operating Income has been 3%. The projected CAGR for the next 4 years is 5%.

What is the Net Income forecast for Companhia Energetica de Minas Gerais CEMIG?
Projected CAGR
-13%

Over the last 13 years, the compound annual growth rate for Net Income has been 9%. The projected CAGR for the next 4 years is -13%.

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