Companhia Energética de Minas Gerais - CEMIG (CIG)
NYSE: CIG · Real-Time Price · USD
1.890
+0.050 (2.72%)
Dec 20, 2024, 4:00 PM EST - Market closed
CIG Stock Forecast
Stock Price Forecast
There is currently no analyst price target forecast available for CIG.
Analyst Consensus: n/a
Analyst Ratings
There are currently no analyst ratings available for CIG.
Recommendation Trends
Rating | Jun '23 | Jul '23 | Aug '23 | Sep '23 | Oct '23 | Nov '23 |
---|---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 1 | 1 | 0 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 1 | 1 | 1 | 0 | 0 | 0 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 1 | 1 | 1 | 1 | 1 | 0 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
B of A Securities | B of A Securities | Strong Buy → Hold Downgrades $2.46 → $2 | Strong Buy → Hold | Downgrades | $2.46 → $2 | +5.82% | Nov 24, 2023 |
HSBC | HSBC | Hold → Strong Buy Upgrades $2.23 | Hold → Strong Buy | Upgrades | $2.23 | +17.99% | Nov 1, 2023 |
B of A Securities | B of A Securities | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Sep 20, 2023 |
JP Morgan | JP Morgan | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Apr 4, 2018 |
JP Morgan | JP Morgan | Hold → Buy Upgrades n/a | Hold → Buy | Upgrades | n/a | n/a | Nov 27, 2017 |
Financial Forecast
Revenue This Year
37.07B
from 36.85B
Increased by 0.58%
Revenue Next Year
39.63B
from 37.07B
Increased by 6.91%
EPS This Year
1.99
from 2.01
Decreased by -1.39%
EPS Next Year
1.69
from 1.99
Decreased by -15.04%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 44.6B | 45.8B | 47.1B | |
Avg | 37.1B | 39.6B | 41.2B | |
Low | 30.2B | 31.6B | 36.6B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 21.0% | 23.7% | 18.9% | |
Avg | 0.6% | 6.9% | 4.0% | |
Low | -18.0% | -14.8% | -7.5% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 2.42 | 2.21 | 1.95 | |
Avg | 1.99 | 1.69 | 1.56 | |
Low | 1.51 | 1.32 | 1.13 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 19.9% | 11.0% | 15.7% | |
Avg | -1.4% | -15.0% | -7.8% | |
Low | -25.2% | -33.4% | -33.2% |
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.