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Energy of Minas Gerais Co
NYSE:CIG

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Energy of Minas Gerais Co
NYSE:CIG
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Price: 2.21 USD 1.84% Market Closed
Market Cap: $6.3B

Wall St Price Targets

CIG Price Targets Summary
Energy of Minas Gerais Co

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

According to Wall Street analysts, the average 1-year price target for CIG is 2.42 USD with a low forecast of 1.82 USD and a high forecast of 2.88 USD.

Lowest Forecast
Price Target
1.82 USD
18% Downside
Average Forecast
Price Target
2.42 USD
9% Upside
Highest Forecast
Price Target
2.88 USD
30% Upside
Energy of Minas Gerais Co Competitors:
Price Targets

Revenue
Forecast

7% / Year
Past Growth
-1% / Year
Estimated Growth
Estimates Accuracy
4%
Average Beat
7% / Year
Past Growth
-1% / 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 3 years is -1%.

Gross Profit
Forecast

1% / Year
Past Growth
65% / Year
Estimated Growth
Estimates Accuracy
-51%
Average Miss
1% / Year
Past Growth
65% / Year
Estimated Growth
Estimates Accuracy
-51%
Average Miss

Over the last 13 years, the compound annual growth rate for Gross Profit has been 1%. The projected CAGR for the next 2 years is 65%.

Operating Income
Forecast

4% / Year
Past Growth
3% / Year
Estimated Growth
Estimates Accuracy
-3%
Average Miss
4% / Year
Past Growth
3% / Year
Estimated Growth
Estimates Accuracy
-3%
Average Miss

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

Pre-Tax Income
Forecast

0% / Year
Past Growth
-9% / Year
Estimated Growth
Estimates Accuracy
9%
Average Beat
0% / Year
Past Growth
-9% / Year
Estimated Growth
Estimates Accuracy
9%
Average Beat

Over the last 13 years, the compound annual growth rate for Pre-Tax Income has been 0%. The projected CAGR for the next 3 years is -9%.

Net Income
Forecast

1% / Year
Past Growth
-12% / Year
Estimated Growth
Estimates Accuracy
10%
Average Beat
1% / Year
Past Growth
-12% / Year
Estimated Growth
Estimates Accuracy
10%
Average Beat

Over the last 13 years, the compound annual growth rate for Net Income has been 1%. The projected CAGR for the next 3 years is -12%.

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 CIG's stock price target?
Price Target
2.42 USD

According to Wall Street analysts, the average 1-year price target for CIG is 2.42 USD with a low forecast of 1.82 USD and a high forecast of 2.88 USD.

What is the Revenue forecast for Energy of Minas Gerais Co?
Projected CAGR
-1%

Over the last 13 years, the compound annual growth rate for Revenue has been 7%. The projected CAGR for the next 3 years is -1%.

What is the Gross Profit forecast for Energy of Minas Gerais Co?
Projected CAGR
65%

Over the last 13 years, the compound annual growth rate for Gross Profit has been 1%. The projected CAGR for the next 2 years is 65%.

What is the Operating Income forecast for Energy of Minas Gerais Co?
Projected CAGR
3%

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

What is the Pre-Tax Income forecast for Energy of Minas Gerais Co?
Projected CAGR
-9%

Over the last 13 years, the compound annual growth rate for Pre-Tax Income has been 0%. The projected CAGR for the next 3 years is -9%.

What is the Net Income forecast for Energy of Minas Gerais Co?
Projected CAGR
-12%

Over the last 13 years, the compound annual growth rate for Net Income has been 1%. The projected CAGR for the next 3 years is -12%.

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