Companhia Energetica de Minas Gerais CEMIG
NYSE:CIG

Watchlist Manager
Companhia Energetica de Minas Gerais CEMIG Logo
Companhia Energetica de Minas Gerais CEMIG
NYSE:CIG
Watchlist
Price: 2.2 USD 3.77% Market Closed
Market Cap: $6.3B

Wall St Price Targets

CIG Price Targets Summary
Companhia Energetica de Minas Gerais CEMIG

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 1.87 USD and a high forecast of 2.96 USD.

Lowest Forecast
Price Target
1.87 USD
15% Downside
Average Forecast
Price Target
2.42 USD
10% Upside
Highest Forecast
Price Target
2.96 USD
35% Upside
Companhia Energetica de Minas Gerais CEMIG Competitors:
Price Targets
KO
Coca-Cola Co
5% Upside
SBFG
SB Financial Group Inc
-3% Downside
PPSI
Pioneer Power Solutions Inc
165% Upside

Revenue
Forecast

7% / Year
Past Growth
2% / Year
Estimated Growth
Estimates Accuracy
4%
Average Beat
7% / Year
Past Growth
2% / 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 2%.

Gross Profit
Forecast

3% / Year
Past Growth
34% / Year
Estimated Growth
Estimates Accuracy
-51%
Average Miss
3% / Year
Past Growth
34% / Year
Estimated Growth
Estimates Accuracy
-51%
Average Miss

Over the last 13 years, the compound annual growth rate for Gross Profit has been 3%. The projected CAGR for the next 3 years is 34%.

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%.

Pre-Tax Income
Forecast

8% / Year
Past Growth
-13% / Year
Estimated Growth
Estimates Accuracy
6%
Average Beat
8% / Year
Past Growth
-13% / Year
Estimated Growth
Estimates Accuracy
6%
Average Beat

Over the last 13 years, the compound annual growth rate for Pre-Tax Income has been 8%. The projected CAGR for the next 4 years is -13%.

Net Income
Forecast

9% / Year
Past Growth
-12% / Year
Estimated Growth
Estimates Accuracy
9%
Average Beat
9% / Year
Past Growth
-12% / Year
Estimated Growth
Estimates Accuracy
9%
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 -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 1.87 USD and a high forecast of 2.96 USD.

What is the Revenue forecast for Companhia Energetica de Minas Gerais CEMIG?
Projected CAGR
2%

Over the last 13 years, the compound annual growth rate for Revenue has been 7%. The projected CAGR for the next 4 years is 2%.

What is the Gross Profit forecast for Companhia Energetica de Minas Gerais CEMIG?
Projected CAGR
34%

Over the last 13 years, the compound annual growth rate for Gross Profit has been 3%. The projected CAGR for the next 3 years is 34%.

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 Pre-Tax Income forecast for Companhia Energetica de Minas Gerais CEMIG?
Projected CAGR
-13%

Over the last 13 years, the compound annual growth rate for Pre-Tax Income has been 8%. The projected CAGR for the next 4 years is -13%.

What is the Net Income forecast for Companhia Energetica de Minas Gerais CEMIG?
Projected CAGR
-12%

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 -12%.

Back to Top
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett