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Energy of Minas Gerais Co
BOVESPA:CMIG4

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Energy of Minas Gerais Co
BOVESPA:CMIG4
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Price: 11.72 BRL 0.34% Market Closed
Market Cap: R$33.5B

Wall Street
Price Targets

CMIG4 Price Targets Summary
Energy of Minas Gerais Co

Wall Street analysts forecast CMIG4 stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for CMIG4 is 12.15 BRL with a low forecast of 9.29 BRL and a high forecast of 14.49 BRL.

Lowest
Price Target
9.29 BRL
21% Downside
Average
Price Target
12.15 BRL
4% Upside
Highest
Price Target
14.49 BRL
24% Upside
Energy of Minas Gerais Co Competitors:
Price Targets
IR
Ingersoll Rand Inc
27% Upside
GTY
Getty Realty Corp
2% Upside
SEMR
SEMrush Holdings Inc
1% Upside
CBZ
CBIZ Inc
164% Upside
CPRI
Capri Holdings Ltd
41% Upside
SBFG
SB Financial Group Inc
23% Upside

Revenue
Forecast

7% / Year
Past Growth
3% / Year
Estimated Growth
Estimates Accuracy
4%
Average Beat
7% / Year
Past Growth
3% / Year
Estimated Growth
Estimates Accuracy
4%
Average Beat

For the last 13 years the compound annual growth rate for Energy of Minas Gerais Co's revenue is 7%. The projected CAGR for the next 4 years is 3%.

Operating Income
Forecast

3% / Year
Past Growth
5% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss
3% / Year
Past Growth
5% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss

For the last 13 years the compound annual growth rate for Energy of Minas Gerais Co's operating income is 3%. The projected CAGR for the next 4 years is 5%.

Net Income
Forecast

9% / Year
Past Growth
-21% / Year
Estimated Growth
Estimates Accuracy
1%
Average Beat
9% / Year
Past Growth
-21% / Year
Estimated Growth
Estimates Accuracy
1%
Average Beat

For the last 13 years the compound annual growth rate for Energy of Minas Gerais Co's net income is 9%. The projected CAGR for the next 3 years is -21%.

Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is CMIG4's stock price target?
Price Target
12.15 BRL

According to Wall Street analysts, the average 1-year price target for CMIG4 is 12.15 BRL with a low forecast of 9.29 BRL and a high forecast of 14.49 BRL.

What is Energy of Minas Gerais Co's Revenue forecast?
Projected CAGR
3%

For the last 13 years the compound annual growth rate for Energy of Minas Gerais Co's revenue is 7%. The projected CAGR for the next 4 years is 3%.

What is Energy of Minas Gerais Co's Operating Income forecast?
Projected CAGR
5%

For the last 13 years the compound annual growth rate for Energy of Minas Gerais Co's operating income is 3%. The projected CAGR for the next 4 years is 5%.

What is Energy of Minas Gerais Co's Net Income forecast?
Projected CAGR
-21%

For the last 13 years the compound annual growth rate for Energy of Minas Gerais Co's net income is 9%. The projected CAGR for the next 3 years is -21%.

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