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Companhia Energetica de Minas Gerais CEMIG
NYSE:CIG.C

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Companhia Energetica de Minas Gerais CEMIG
NYSE:CIG.C
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Price: 2.9661 USD 2.63%
Updated: Apr 26, 2024

Wall Street
Price Targets

CIG.C Price Targets Summary
Companhia Energetica de Minas Gerais CEMIG

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

According to Wall Street analysts, the average 1-year price target for CIG.C is 3.2977 USD with a low forecast of 2.8451 USD and a high forecast of 3.879 USD.

Lowest
Price Target
2.8451 USD
4% Downside
Average
Price Target
3.2977 USD
11% Upside
Highest
Price Target
3.879 USD
31% Upside
Companhia Energetica de Minas Gerais CEMIG Competitors:
Price Targets
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Oersted A/S
14% Upside
PRKME.E
Park Elektrik Uretim Madencilik Sanayi ve Ticaret AS
91% Downside
VER
Verbund AG
4% Upside
MSNG
Mosenergo PAO
25% Downside
RE21
Redeia Corporacion SA
12% Upside
EDF
Electricite de France SA
1% Upside
EXC
Exelon Corp
7% Upside
BKW
BKW AG
15% Upside

Revenue
Forecast

Revenue Estimate
Companhia Energetica de Minas Gerais CEMIG

For the last 8 years the compound annual growth rate for Companhia Energetica de Minas Gerais CEMIG's revenue is 7%. The projected CAGR for the next 4 years is 3%.

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

Operating Income
Forecast

Operating Income Estimate
Companhia Energetica de Minas Gerais CEMIG

For the last 8 years the compound annual growth rate for Companhia Energetica de Minas Gerais CEMIG's operating income is 0%. The projected CAGR for the next 4 years is 7%.

0%
Past Growth
7%
Estimated Growth
Estimates Accuracy
2%
Average Beat

Net Income
Forecast

Net Income Estimate
Companhia Energetica de Minas Gerais CEMIG

For the last 8 years the compound annual growth rate for Companhia Energetica de Minas Gerais CEMIG's net income is 3%. The projected CAGR for the next 4 years is 1%.

3%
Past Growth
1%
Estimated Growth
Estimates Accuracy
10%
Average Beat

See Also

Discover More
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 CIG.C's stock price target?
Price Target
3.2977 USD

According to Wall Street analysts, the average 1-year price target for CIG.C is 3.2977 USD with a low forecast of 2.8451 USD and a high forecast of 3.879 USD.

What is Companhia Energetica de Minas Gerais CEMIG's Revenue forecast?
Projected CAGR
3%

For the last 8 years the compound annual growth rate for Companhia Energetica de Minas Gerais CEMIG's revenue is 7%. The projected CAGR for the next 4 years is 3%.

What is Companhia Energetica de Minas Gerais CEMIG's Operating Income forecast?
Projected CAGR
7%

For the last 8 years the compound annual growth rate for Companhia Energetica de Minas Gerais CEMIG's operating income is 0%. The projected CAGR for the next 4 years is 7%.

What is Companhia Energetica de Minas Gerais CEMIG's Net Income forecast?
Projected CAGR
1%

For the last 8 years the compound annual growth rate for Companhia Energetica de Minas Gerais CEMIG's net income is 3%. The projected CAGR for the next 4 years is 1%.