Bancolombia S.A. (CIB)
NYSE: CIB · Real-Time Price · USD
32.79
+0.03 (0.09%)
Nov 22, 2024, 4:00 PM EST - Market closed
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 2.68% from the current stock price of 32.79.
Analyst Consensus: Strong Sell
* 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 '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 4 | 4 | 2 | 2 | 2 | 0 |
| Sell | 1 | 1 | 2 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 1 | 1 | 1 | 1 |
| Total | 5 | 5 | 5 | 5 | 5 | 3 |
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 | +3.69% | Aug 29, 2024 |
| Goldman Sachs | Goldman Sachs | Hold → Strong Sell Downgrades $34 → $32 | Hold → Strong Sell | Downgrades | $34 → $32 | -2.41% | Aug 20, 2024 |
| JP Morgan | JP Morgan | Sell Maintains $36 → $35 | Sell | Maintains | $36 → $35 | +6.74% | Aug 12, 2024 |
| JP Morgan | JP Morgan | Sell Maintains $35 → $36 | Sell | Maintains | $35 → $36 | +9.79% | Jul 10, 2024 |
| B of A Securities | B of A Securities | Hold Initiates $38 | Hold | Initiates | $38 | +15.89% | May 2, 2024 |
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%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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 | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 11.0% | 15.9% |
| Avg | - | 3.0% | -2.6% |
| Low | - | -4.1% | -26.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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 | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.