Bancolombia S.A. (CIB)
NYSE: CIB · Real-Time Price · USD
33.02
+0.30 (0.92%)
Sep 26, 2024, 4:00 PM EDT - Market closed
Bancolombia Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Bancolombia stock have an average target of 32.4, with a low estimate of 28.6 and a high estimate of 35. The average target predicts a decrease of -1.88% from the current stock price of 33.02.
Analyst Consensus: Sell
Analyst Ratings
The average analyst rating for Bancolombia stock from 4 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 4 | 4 | 4 | 4 | 2 | 1 |
| Sell | 1 | 1 | 1 | 1 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Total | 5 | 5 | 5 | 5 | 5 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Hold → Sell Downgrades $38 → $34 | Hold → Sell | Downgrades | $38 → $34 | +2.97% | Aug 29, 2024 |
| Goldman Sachs | Goldman Sachs | Hold → Strong Sell Downgrades $34 → $32 | Hold → Strong Sell | Downgrades | $34 → $32 | -3.09% | Aug 20, 2024 |
| JP Morgan | JP Morgan | Sell Maintains $36 → $35 | Sell | Maintains | $36 → $35 | +6.00% | Aug 12, 2024 |
| JP Morgan | JP Morgan | Sell Maintains $35 → $36 | Sell | Maintains | $35 → $36 | +9.02% | Jul 10, 2024 |
| B of A Securities | B of A Securities | Hold Initiates $38 | Hold | Initiates | $38 | +15.08% | May 2, 2024 |
Financial Forecast
Revenue This Year
28.12T
Revenue Next Year
28.88T
from 28.12T
Increased by 2.70%
EPS This Year
5.80K
from 6.36K
Decreased by -8.79%
EPS Next Year
6.03K
from 5.80K
Increased by 3.89%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 30.7T | 31.5T | 33.3T |
| Avg | 28.1T | 28.9T | 31.1T |
| Low | 26.2T | 26.8T | 29.3T |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 12.1% | 15.4% |
| Avg | - | 2.7% | 7.8% |
| Low | - | -4.8% | 1.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6,457.82 | 7,002.24 | 7,003.31 |
| Avg | 5,800.86 | 6,026.42 | 6,478.40 |
| Low | 4,741.24 | 4,812.78 | 5,882.94 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.5% | 20.7% | 16.2% |
| Avg | -8.8% | 3.9% | 7.5% |
| Low | -25.4% | -17.0% | -2.4% |
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.