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: 2.61 USD 2.23%
Market Cap: 7.5B 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 2.81 USD with a low forecast of 2.31 USD and a high forecast of 3.41 USD.

Lowest
Price Target
2.31 USD
12% Downside
Average
Price Target
2.81 USD
8% Upside
Highest
Price Target
3.41 USD
31% Upside
Companhia Energetica de Minas Gerais CEMIG Competitors:
Price Targets
MGEE
MGE Energy Inc
2% Upside
ISAE4
CTEEP - Companhia de Transmissao de Energia Eletrica Paulista
4% Downside
EMA
Emera Inc
7% Upside
6
Power Assets Holdings Ltd
17% Upside
FE
FirstEnergy Corp
15% Upside
OTTR
Otter Tail Corp
2% Upside
LNT
Alliant Energy Corp
13% Upside
POR
Portland General Electric Co
4% Upside

Revenue
Forecast

Revenue Estimate
Companhia Energetica de Minas Gerais CEMIG

For the last 13 years the compound annual growth rate for Companhia Energetica de Minas Gerais CEMIG's revenue is 7%. The projected CAGR for the next 3 years is 0%.

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

Operating Income
Forecast

Operating Income Estimate
Companhia Energetica de Minas Gerais CEMIG

For the last 13 years the compound annual growth rate for Companhia Energetica de Minas Gerais CEMIG's operating income is 3%. The projected CAGR for the next 3 years is -4%.

3%
Past Growth
-4%
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Net Income
Forecast

Net Income Estimate
Companhia Energetica de Minas Gerais CEMIG

For the last 13 years the compound annual growth rate for Companhia Energetica de Minas Gerais CEMIG'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 CIG.C's stock price target?
Price Target
2.81 USD

According to Wall Street analysts, the average 1-year price target for CIG.C is 2.81 USD with a low forecast of 2.31 USD and a high forecast of 3.41 USD.

What is Companhia Energetica de Minas Gerais CEMIG's Revenue forecast?
Projected CAGR
0%

For the last 13 years the compound annual growth rate for Companhia Energetica de Minas Gerais CEMIG's revenue is 7%. The projected CAGR for the next 3 years is 0%.

What is Companhia Energetica de Minas Gerais CEMIG's Operating Income forecast?
Projected CAGR
-4%

For the last 13 years the compound annual growth rate for Companhia Energetica de Minas Gerais CEMIG's operating income is 3%. The projected CAGR for the next 3 years is -4%.

What is Companhia Energetica de Minas Gerais CEMIG's Net Income forecast?
Projected CAGR
-20%

For the last 13 years the compound annual growth rate for Companhia Energetica de Minas Gerais CEMIG's net income is 9%. The projected CAGR for the next 3 years is -20%.

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