Bancolombia S.A. (CIB)
NYSE: CIB · IEX Real-Time Price · USD
34.98
-0.11 (-0.31%)
At close: Mar 27, 2024, 4:00 PM
34.99
+0.01 (0.03%)
Pre-market: Mar 28, 2024, 8:15 AM EDT

Bancolombia Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for Bancolombia stock have an average target of 30.65, with a low estimate of 28.6 and a high estimate of 33. The average target predicts a decrease of -12.38% from the current stock price of 34.98.

Analyst Consensus: Hold
Target Low Average Median High
Price $28.6 $30.65 $31 $33
Change -18.24% -12.38% -11.38% -5.66%
* Price targets were last updated on Oct 16, 2023.

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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 000000
Buy 000000
Hold 555554
Sell 111111
Strong Sell 000000
Total 666665

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Jefferies
Jefferies
Hold
Initiates
$29
Hold Initiates $29 -18.24% Oct 16, 2023
Goldman Sachs
Goldman Sachs
Hold
Downgrades
$35$31
Hold Downgrades $35$31 -11.38% Sep 21, 2023
Itau BBA
Itau BBA
Hold
Downgrades
$33
Hold Downgrades $33 -5.66% Aug 30, 2023
Goldman Sachs
Goldman Sachs
Strong Buy
Maintains
$39$35
Strong Buy Maintains $39$35 +0.06% Aug 11, 2023
JP Morgan
JP Morgan
Sell
Downgrades
$30
Sell Downgrades $30 -14.24% Aug 10, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
28.61T
from 20.63T
Increased by 38.65%
Revenue Next Year
28.24T
from 28.61T
Decreased by -1.29%
EPS This Year
6.18K
from 28.45K
Decreased by -78.27%
EPS Next Year
5.62K
from 6.18K
Decreased by -9.04%
Year 201820192020202120222023202420252026
Revenue
11.10T12.73T8,303.92B15.15T20.63T28.61T28.24T29.30T-
Revenue Growth
-1.07%14.71%-34.78%82.41%36.21%38.65%-1.29%3.78%-
EPS
11,300.0013,204.001,388.0017,236.0028,452.006,182.125,623.136,030.836,063.03
EPS Growth
1.62%16.85%-89.49%1,141.79%65.07%-78.27%-9.04%7.25%0.53%
No. Analysts -----6662
Financial currency is COP. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202320242025
High 30.1T 30.7T 32.4T
Avg 28.6T 28.2T 29.3T
Low 27.4T 26.2T 26.8T

Revenue Growth

Revenue Growth 202320242025
High
46.0%
7.2%
14.7%
Avg
38.6%
-1.3%
3.8%
Low
32.7%
-8.3%
-5.2%

EPS Forecast

EPS 2023202420252026
High 6,679.05 6,252.28 6,756.54 6,303.15
Avg 6,182.12 5,623.13 6,030.83 6,063.03
Low 5,765.61 4,741.24 4,812.78 5,882.94

EPS Growth

EPS Growth 2023202420252026
High
-76.5%
1.1%
20.2%
4.5%
Avg
-78.3%
-9.0%
7.3%
0.5%
Low
-79.7%
-23.3%
-14.4%
-2.5%
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.