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: 2.9002 USD 0.7%
Market Cap: 8.3B USD

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 3.2738 USD with a low forecast of 2.5973 USD and a high forecast of 3.7861 USD.

Lowest
Price Target
2.5973 USD
10% Downside
Average
Price Target
3.2738 USD
13% Upside
Highest
Price Target
3.7861 USD
31% Upside
Companhia Energetica de Minas Gerais CEMIG Competitors:
Price Targets
XEL
Xcel Energy Inc
12% Upside
PPL
PPL Corp
12% Upside
ZEP
Ze Pak Sa
1% Downside
EBR.B
Centrais Eletricas Brasileiras SA
18% Upside
POWERGRID
Power Grid Corporation of India Ltd
15% Upside
SJVN
SJVN Ltd
1% Upside
FORTUM
Fortum Oyj
10% Downside
ES
Eversource Energy
9% 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 10%. The projected CAGR for the next 3 years is -2%.

10%
Past Growth
-2%
Estimated Growth
Estimates Accuracy
5%
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 16%. The projected CAGR for the next 3 years is -6%.

16%
Past Growth
-6%
Estimated Growth
Estimates Accuracy
-3%
Average Miss

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 47%. The projected CAGR for the next 3 years is -24%.

47%
Past Growth
-24%
Estimated Growth
Estimates Accuracy
12%
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 CIG.C's stock price target?
Price Target
3.2738 USD

According to Wall Street analysts, the average 1-year price target for CIG.C is 3.2738 USD with a low forecast of 2.5973 USD and a high forecast of 3.7861 USD.

What is Companhia Energetica de Minas Gerais CEMIG's Revenue forecast?
Projected CAGR
-2%

For the last 8 years the compound annual growth rate for Companhia Energetica de Minas Gerais CEMIG's revenue is 10%. The projected CAGR for the next 3 years is -2%.

What is Companhia Energetica de Minas Gerais CEMIG's Operating Income forecast?
Projected CAGR
-6%

For the last 8 years the compound annual growth rate for Companhia Energetica de Minas Gerais CEMIG's operating income is 16%. The projected CAGR for the next 3 years is -6%.

What is Companhia Energetica de Minas Gerais CEMIG's Net Income forecast?
Projected CAGR
-24%

For the last 8 years the compound annual growth rate for Companhia Energetica de Minas Gerais CEMIG's net income is 47%. The projected CAGR for the next 3 years is -24%.

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