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: 2.5313 USD 7.71%
Market Cap: 7.2B 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 2.7274 USD with a low forecast of 2.2464 USD and a high forecast of 3.3225 USD.

Lowest
Price Target
2.2464 USD
11% Downside
Average
Price Target
2.7274 USD
8% Upside
Highest
Price Target
3.3225 USD
31% Upside
Companhia Energetica de Minas Gerais CEMIG Competitors:
Price Targets
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6% Upside
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15% Upside
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Chubu Electric Power Co Inc
1% Upside
DUK
Duke Energy Corp
19% Upside
CEG
Constellation Energy Corp
13% Upside
NT2
PetroVietnam Power Nhon Trach 2 JSC
7% Upside
CEZ
CEZ as
28% Downside
ALE
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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 4 years is 3%.

7%
Past Growth
3%
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 4 years is 5%.

3%
Past Growth
5%
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
2.7274 USD

According to Wall Street analysts, the average 1-year price target for CIG.C is 2.7274 USD with a low forecast of 2.2464 USD and a high forecast of 3.3225 USD.

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

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 4 years is 3%.

What is Companhia Energetica de Minas Gerais CEMIG's Operating Income forecast?
Projected CAGR
5%

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 4 years is 5%.

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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