Companhia Energética de Minas Gerais - CEMIG (CIG)
NYSE: CIG · Real-Time Price · USD
1.820
+0.030 (1.68%)
Apr 24, 2025, 4:00 PM EDT - 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 | +9.89% | Nov 24, 2023 |
HSBC | HSBC | Hold → Strong Buy Upgrades $2.23 | Hold → Strong Buy | Upgrades | $2.23 | +22.53% | 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
39.67B
from 39.82B
Decreased by -0.38%
Revenue Next Year
41.56B
from 39.67B
Increased by 4.76%
EPS This Year
1.37
from 2.49
Decreased by -45.03%
EPS Next Year
1.27
from 1.37
Decreased by -7.42%
Financial currency is BRL. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
Revenue | 2025 | 2026 | 2027 |
---|---|---|---|
High | 46.4B | 47.5B | 40.8B |
Avg | 39.7B | 41.6B | 39.1B |
Low | 31.7B | 35.3B | 36.2B |
Revenue Growth
Revenue Growth | 2025 | 2026 | 2027 |
---|---|---|---|
High | 16.6% | 19.8% | -1.9% |
Avg | -0.4% | 4.8% | -6.0% |
Low | -20.5% | -11.1% | -12.9% |
EPS Forecast
EPS | 2025 | 2026 | 2027 |
---|---|---|---|
High | 1.74 | 1.79 | 1.19 |
Avg | 1.37 | 1.27 | 1.08 |
Low | 0.96 | 0.88 | 0.94 |
EPS Growth
EPS Growth | 2025 | 2026 | 2027 |
---|---|---|---|
High | -29.9% | 30.5% | -6.3% |
Avg | -45.0% | -7.4% | -15.0% |
Low | -61.4% | -35.5% | -25.7% |
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.