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: 2.9987 USD -0.21% Market Closed
Market Cap: $8.6B

Wall St 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 3.4929 USD with a low forecast of 2.6968 USD and a high forecast of 4.2638 USD.

Lowest Forecast
Price Target
2.6968 USD
10% Downside
Average Forecast
Price Target
3.4929 USD
16% Upside
Highest Forecast
Price Target
4.2638 USD
42% Upside
Companhia Energetica de Minas Gerais CEMIG Competitors:
Price Targets

Revenue
Forecast

7% / Year
Past Growth
2% / Year
Estimated Growth
Estimates Accuracy
4%
Average Beat
7% / Year
Past Growth
2% / 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 2%.

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

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 CIG.C's stock price target?
Price Target
3.4929 USD

According to Wall Street analysts, the average 1-year price target for CIG.C is 3.4929 USD with a low forecast of 2.6968 USD and a high forecast of 4.2638 USD.

What is the Revenue forecast for Companhia Energetica de Minas Gerais CEMIG?
Projected CAGR
2%

Over the last 13 years, the compound annual growth rate for Revenue has been 7%. The projected CAGR for the next 4 years is 2%.

What is the Gross Profit forecast for Companhia Energetica de Minas Gerais CEMIG?
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 Companhia Energetica de Minas Gerais CEMIG?
Projected CAGR
5%

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 5%.

What is the Pre-Tax Income forecast for Companhia Energetica de Minas Gerais CEMIG?
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 Companhia Energetica de Minas Gerais CEMIG?
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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