Bancolombia S.A. (CIB)
NYSE: CIB · IEX Real-Time Price · USD
33.64
+0.43 (1.29%)
At close: Jul 19, 2024, 4:00 PM
33.67
+0.03 (0.09%)
After-hours: Jul 20, 2024, 12:58 PM EDT
Bancolombia Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Bancolombia stock have an average target of 33.32, with a low estimate of 28.6 and a high estimate of 38. The average target predicts a decrease of -0.95% from the current stock price of 33.64.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Bancolombia stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 5 | 5 | 4 | 4 | 4 | 4 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Sell Maintains $35 → $36 | Sell | Maintains | $35 → $36 | +7.02% | Jul 10, 2024 |
| B of A Securities | B of A Securities | Hold Initiates $38 | Hold | Initiates | $38 | +12.96% | May 2, 2024 |
| JP Morgan | JP Morgan | Sell Maintains $30 → $35 | Sell | Maintains | $30 → $35 | +4.04% | Apr 16, 2024 |
| Jefferies | Jefferies | Hold Initiates $29 | Hold | Initiates | $29 | -14.98% | Oct 16, 2023 |
| Goldman Sachs | Goldman Sachs | Strong Buy → Hold Downgrades $35 → $31 | Strong Buy → Hold | Downgrades | $35 → $31 | -7.85% | Sep 21, 2023 |
Financial Forecast
Revenue This Year
28.17T
from 21.09T
Increased by 33.57%
Revenue Next Year
29.17T
from 28.17T
Increased by 3.56%
EPS This Year
5.67K
from 25.68K
Decreased by -77.93%
EPS Next Year
6.03K
from 5.67K
Increased by 6.34%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 30.7T | 32.4T | 31.5T |
| Avg | 28.2T | 29.2T | 30.3T |
| Low | 26.2T | 26.8T | 29.4T |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 45.4% | 15.0% | 7.8% |
| Avg | 33.6% | 3.6% | 3.7% |
| Low | 24.4% | -4.9% | 0.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6,252.28 | 6,756.54 | 7,002.49 |
| Avg | 5,668.63 | 6,028.26 | 6,399.38 |
| Low | 4,741.24 | 4,812.78 | 5,882.94 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -75.7% | 19.2% | 16.2% |
| Avg | -77.9% | 6.3% | 6.2% |
| Low | -81.5% | -15.1% | -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.