Bancolombia S.A. (CIB)
NYSE: CIB · Real-Time Price · USD
32.76
-0.71 (-2.12%)
At close: Nov 21, 2024, 4:00 PM
33.20
+0.44 (1.34%)
After-hours: Nov 21, 2024, 7:57 PM EST

Bancolombia Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for Bancolombia stock have an average target of 33.67, with a low estimate of 32 and a high estimate of 35. The average target predicts an increase of 2.78% from the current stock price of 32.76.

Analyst Consensus: Strong Sell
Target Low Average Median High
Price $32 $33.67 $34 $35
Change -2.32% +2.78% +3.79% +6.84%
* Price targets were last updated on Aug 29, 2024.

Analyst Ratings

The average analyst rating for Bancolombia stock from 3 stock analysts is "Strong Sell". This means that analysts believe this stock is likely to have very poor returns in the near future.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 000000
Buy 000000
Hold 442220
Sell 112222
Strong Sell 001111
Total 555553

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
B of A Securities
B of A Securities
Sell
Downgrades
$38$34
Sell Downgrades $38$34 +3.79% Aug 29, 2024
Goldman Sachs
Goldman Sachs
Strong Sell
Downgrades
$34$32
Strong Sell Downgrades $34$32 -2.32% Aug 20, 2024
JP Morgan
JP Morgan
Sell
Maintains
$36$35
Sell Maintains $36$35 +6.84% Aug 12, 2024
JP Morgan
JP Morgan
Sell
Maintains
$35$36
Sell Maintains $35$36 +9.89% Jul 10, 2024
B of A Securities
B of A Securities
Hold
Initiates
$38
Hold Initiates $38 +16.00% May 2, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
27.93T
Revenue Next Year
28.76T
from 27.93T
Increased by 2.95%
EPS This Year
5.82K
from 6.36K
Decreased by -8.48%
EPS Next Year
5.93K
from 5.82K
Increased by 1.96%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
-----27.93T28.76T28.01T
Revenue Growth
14.58%-34.18%81.51%35.35%2.40%-2.95%-2.62%
EPS
3,241.07286.954,248.997,053.006,359.715,820.645,934.506,694.26
EPS Growth
17.24%-91.15%1,380.76%65.99%-9.83%-8.48%1.96%12.80%
Forward PE
-----24.8324.3521.59
No. Analysts -----665
Financial currency is COP. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 30.1T 31.0T 33.3T
Avg 27.9T 28.8T 28.0T
Low 26.3T 26.8T 21.1T

Revenue Growth

Revenue Growth 202420252026
High -
11.0%
15.9%
Avg -
3.0%
-2.6%
Low -
-4.1%
-26.6%

EPS Forecast

EPS 202420252026
High 6,812.82 7,370.06 7,369.95
Avg 5,820.64 5,934.50 6,694.26
Low 4,741.24 4,812.78 6,128.08

EPS Growth

EPS Growth 202420252026
High
7.1%
26.6%
24.2%
Avg
-8.5%
2.0%
12.8%
Low
-25.4%
-17.3%
3.3%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.