Companhia Energetica de Minas Gerais-Cemig ADR (CIG) Social Stream
Energy Co Of Minas Gerais (CIG) Price Targets From Analysts
The tables below show price targets and recommendations from analysts covering Energy Co Of Minas Gerais.
Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
---|---|---|---|---|---|---|
2021-12-09 | 1 | $2.9 | $2.9 | $2.9 | $3.14 | -7.64% |
2022-03-18 | 1 | $3 | $3 | $3 | $3.14 | -4.46% |
Price Target Last Issued March 18, 2022
Over the past 44 weeks, CIG's average upside potential has been 20.51%.
Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
---|---|---|---|---|---|---|
2021-05-12 | 1 | 2.9 | 2.9 | 2.9 | 2.12 | 36.79% |
2021-12-09 | 1 | 2.9 | 2.9 | 2.9 | 2.45 | 18.37% |
2022-03-18 | 1 | 3.0 | 3.0 | 3.0 | 2.82 | 6.38% |
CIG Broker Recommendations Summary
Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
---|---|---|---|---|---|---|
3 | 0 | 0 | 1 | 0 | 0 | 1 |
The Trend in the Broker Recommendations
CIG's average broker recommendation rating worsened by 1.43 over the prior 24 months.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- Energy Co Of Minas Gerais's number of analysts covering the stock is higher than just about none of of all US stocks.
- CIG has a lower variance in analysts' estimates than nearly 100% of all US stocks.
- Energy Co Of Minas Gerais's average analyst price target is greater than 0.38% of stocks in the large market cap category.
- To contextualize these metrics, consider that out of stocks in the large market cap category, Energy Co Of Minas Gerais's upside potential (average analyst target price relative to current price) is higher than 25.18% of them.
Stocks similar to Energy Co Of Minas Gerais in the Utilities industry regarding analyst recommendations and price targets are CEG, BEPC, and BEP.
Is CIG a Buy, Hold or Sell? See the POWR Ratings now!