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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: 11.02 BRL -0.9% Market Closed
Market Cap: R$31.5B

Wall St 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 12.56 BRL with a low forecast of 9.7 BRL and a high forecast of 15.33 BRL.

Lowest Forecast
Price Target
9.7 BRL
12% Downside
Average Forecast
Price Target
12.56 BRL
14% Upside
Highest Forecast
Price Target
15.33 BRL
39% Upside
Energy of Minas Gerais Co Competitors:
Price Targets
PPSI
Pioneer Power Solutions Inc
208% Upside
GTY
Getty Realty Corp
-1% Downside
CMC
Commercial Metals Co
27% Upside
POR
Portland General Electric Co
2% Upside

Revenue
Forecast

7% / Year
Past Growth
0% / Year
Estimated Growth
Estimates Accuracy
4%
Average Beat
7% / Year
Past Growth
0% / Year
Estimated Growth
Estimates Accuracy
4%
Average Beat

Over the last 13 years, the compound annual growth rate for Revenue has been 7%. The projected CAGR for the next 4 years is 0%.

Gross Profit
Forecast

3% / Year
Past Growth
34% / Year
Estimated Growth
Estimates Accuracy
-51%
Average Miss
3% / Year
Past Growth
34% / Year
Estimated Growth
Estimates Accuracy
-51%
Average Miss

Over the last 13 years, the compound annual growth rate for Gross Profit has been 3%. The projected CAGR for the next 3 years is 34%.

Operating Income
Forecast

3% / Year
Past Growth
2% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss
3% / Year
Past Growth
2% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Over the last 13 years, the compound annual growth rate for Operating Income has been 3%. The projected CAGR for the next 4 years is 2%.

Pre-Tax Income
Forecast

8% / Year
Past Growth
-13% / Year
Estimated Growth
Estimates Accuracy
6%
Average Beat
8% / Year
Past Growth
-13% / Year
Estimated Growth
Estimates Accuracy
6%
Average Beat

Over the last 13 years, the compound annual growth rate for Pre-Tax Income has been 8%. The projected CAGR for the next 4 years is -13%.

Net Income
Forecast

9% / Year
Past Growth
-12% / Year
Estimated Growth
Estimates Accuracy
9%
Average Beat
9% / Year
Past Growth
-12% / Year
Estimated Growth
Estimates Accuracy
9%
Average Beat

Over the last 13 years, the compound annual growth rate for Net Income has been 9%. The projected CAGR for the next 4 years is -12%.

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 you see on other sites is mostly sourced from sell-side analysts.

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

According to Wall Street analysts, the average 1-year price target for CMIG4 is 12.56 BRL with a low forecast of 9.7 BRL and a high forecast of 15.33 BRL.

What is the Revenue forecast for Energy of Minas Gerais Co?
Projected CAGR
0%

Over the last 13 years, the compound annual growth rate for Revenue has been 7%. The projected CAGR for the next 4 years is 0%.

What is the Gross Profit forecast for Energy of Minas Gerais Co?
Projected CAGR
34%

Over the last 13 years, the compound annual growth rate for Gross Profit has been 3%. The projected CAGR for the next 3 years is 34%.

What is the Operating Income forecast for Energy of Minas Gerais Co?
Projected CAGR
2%

Over the last 13 years, the compound annual growth rate for Operating Income has been 3%. The projected CAGR for the next 4 years is 2%.

What is the Pre-Tax Income forecast for Energy of Minas Gerais Co?
Projected CAGR
-13%

Over the last 13 years, the compound annual growth rate for Pre-Tax Income has been 8%. The projected CAGR for the next 4 years is -13%.

What is the Net Income forecast for Energy of Minas Gerais Co?
Projected CAGR
-12%

Over the last 13 years, the compound annual growth rate for Net Income has been 9%. The projected CAGR for the next 4 years is -12%.

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