Companhia Energetica de Minas Gerais CEMIG
NYSE:CIG

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Companhia Energetica de Minas Gerais CEMIG
NYSE:CIG
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Price: 2.07 USD 1.97% Market Closed
Market Cap: 5.8B USD

Wall Street
Price Targets

CIG Price Targets Summary
Companhia Energetica de Minas Gerais CEMIG

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

According to Wall Street analysts, the average 1-year price target for CIG is 2.14 USD with a low forecast of 1.77 USD and a high forecast of 2.61 USD.

Lowest
Price Target
1.77 USD
15% Downside
Average
Price Target
2.14 USD
4% Upside
Highest
Price Target
2.61 USD
26% Upside
Companhia Energetica de Minas Gerais CEMIG Competitors:
Price Targets
ELET6
Brazilian Electric Power Co
2% Upside
IDA
Idacorp Inc
13% Upside
ALE
ALLETE Inc
4% Upside
GNE
Genesis Energy Ltd
6% Upside
POWERGRID
Power Grid Corporation of India Ltd
22% Upside
PPL
PPL Corp
16% Upside
CUP.U
Caribbean Utilities Company Ltd
6% Upside
H
Hydro One Ltd
1% Downside

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 -19%.

9%
Past Growth
-19%
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's stock price target?
Price Target
2.14 USD

According to Wall Street analysts, the average 1-year price target for CIG is 2.14 USD with a low forecast of 1.77 USD and a high forecast of 2.61 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
-19%

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 -19%.

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