tiprankstipranks
Companhia Energetica Minas Gerais (CIG)
NYSE:CIG

Companhia Energetica Minas Gerais (CIG) Stock Forecast & Price Target

425 Followers
See the Price Targets and Ratings of:

CIG Analyst Ratings

Currently, no data available
Based on 0 analysts giving stock ratings to
Companhia
Energetica Minas Gerais
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

CIG Stock 12 Months Forecast

There Are No Analyst Ratings for CIG In The Last 3 Months.
Highest Price TargetAverage Price TargetLowest Price Target
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

CIG Financial Forecast

CIG Earnings Forecast

The previous quarter’s earnings for CIG were $0.17.
The previous quarter’s earnings for CIG were $0.17.

CIG Sales Forecast

The previous quarter’s earnings for CIG were $2.01B.
The previous quarter’s earnings for CIG were $2.01B.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
HSBC
$2.90
Buy
15.54%
Upside
Upgraded
11/01/23
Cemig upgraded to Buy from Hold at HSBCCemig upgraded to Buy from Hold at HSBC
Bank of America Securities Analyst forecast on CIG
Unknown Analyst
Not Ranked
Bank of America Securities
$2.60
Hold
3.59%
Upside
Downgraded
11/24/23
Cemig downgraded to Neutral from Buy at BofACemig downgraded to Neutral from Buy at BofA

Best Analysts Covering Companhia Energetica Minas Gerais

Which Analyst Should I Follow If I Want to Buy CIG and Sell After:
1 Month
Success Rate
0/1 ratings generated profit
0%
Average Return
-8.60%
upgraded a buy rating 5 months ago
Copying Lilyanna Yang's trades and holding each position for 1 Month would result in 0.00% of your transactions generating a profit, with an average return of -8.60% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
Premium Content
Find out which analyst has the highest Average Return & Success Rate
Go Premium
3 Months
Success Rate
0/1 ratings generated profit
0%
Average Return
0.00%
upgraded a buy rating 5 months ago
Copying Lilyanna Yang's trades and holding each position for 3 Months would result in 0.00% of your transactions generating a profit, with an average return of 0.00% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
Premium Content
Find out which analyst has the highest Average Return & Success Rate
Go Premium
1 Year
Success Rate
1/1 ratings generated profit
100%
Average Return
+5.40%
upgraded a buy rating 5 months ago
Copying Lilyanna Yang's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +5.40% per trade.
2 Years
Success Rate
1/1 ratings generated profit
100%
Average Return
+5.40%
upgraded a buy rating 5 months ago
Copying Lilyanna Yang's trades and holding each position for 2 Years would result in 100.00% of your transactions generating a profit, with an average return of +5.40% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
Premium Content
Find out which analyst has the highest Average Return & Success Rate
Go Premium
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

CIG Analyst Recommendation Trends

Rating
Aug 19
Mar 20
Aug 20
Mar 23
Nov 23
Strong Buy
0
1
1
1
0
Buy
3
2
1
0
1
Hold
0
0
2
3
4
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
3
3
4
4
5
In the current month, CIG has received 1 Buy Ratings, 4 Hold Ratings, and 0 Sell Ratings. CIG average Analyst price target in the past 3 months is .
Each month's total comprises the sum of three months' worth of ratings.
Stocks with the Highest Top Analyst Consensus in the Utilities Sector
xxxxxxxxxxxxxxx
xxxxxxxxxxxxxxx
xxxxxxxxxxxxxxx
xxxxxxxxxxxxxxx
xxxxxxxxxxxxxxx
Find stocks in the Utilities sector that are highly recommended by Top Performing Analysts.

CIG Stock Forecast FAQ

What is CIG’s average 12-month price target, according to analysts?
Currently, no data Available
What is CIG’s upside potential, based on the analysts’ average price target?
Currently there's no upside potential for CIG, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
    How can I follow the stock ratings of top Wall Street analysts?
    Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
      Is CIG a Buy, Sell or Hold?
      Currently, no data Available
      What is Companhia Energetica Minas Gerais’s price target?
      Currently, no data Available
      What do analysts say about Companhia Energetica Minas Gerais?
      Not enough analysts have published a price target to provide an average price target.
      How can I buy shares of CIG?
      Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.
        What's Included in PREMIUM?
        Make informed decisions based on Top Analysts' activity
        Know what industry insiders are buying
        Get actionable alerts from top Wall Street Analysts
        Find out before anyone else which stock is going to shoot up
        Get powerful stock screeners & detailed portfolio analysis