Energy of Minas Gerais Co
BOVESPA:CMIG4

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Energy of Minas Gerais Co
BOVESPA:CMIG4
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Price: 11.12 BRL 1.55% Market Closed
Market Cap: 31.8B BRL

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 11.91 BRL with a low forecast of 9.8 BRL and a high forecast of 14.49 BRL.

Lowest
Price Target
9.8 BRL
12% Downside
Average
Price Target
11.91 BRL
7% Upside
Highest
Price Target
14.49 BRL
30% Upside
Energy of Minas Gerais Co Competitors:
Price Targets
ELE
Endesa SA
8% Downside
POWERGRID
Power Grid Corporation of India Ltd
21% Upside
FORTUM
Fortum Oyj
12% Downside
FTS
Fortis Inc
7% Upside
EDP
EDP Energias de Portugal SA
22% Upside
NRG
NRG Energy Inc
18% Upside
OGE
OGE Energy Corp
12% Upside
CUP.U
Caribbean Utilities Company Ltd
9% Upside

Revenue
Forecast

Revenue Estimate
Energy of Minas Gerais Co

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%.

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

Operating Income
Forecast

Operating Income Estimate
Energy of Minas Gerais Co

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%.

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

Net Income
Forecast

Net Income Estimate
Energy of Minas Gerais Co

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 -20%.

9%
Past Growth
-20%
Estimated Growth
Estimates Accuracy
1%
Average Beat
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
11.91 BRL

According to Wall Street analysts, the average 1-year price target for CMIG4 is 11.91 BRL with a low forecast of 9.8 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
-20%

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 -20%.

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