The latest price target for Comp En De Mn Cemig ADS American Depositary Receipts (NYSE:CIG/C) was reported by B of A Securities on November 24, 2023. The analyst firm set a price target for $2.60 expecting CIG/C to fall to within 12 months (a possible -1.14% downside). 3 analyst firms have reported ratings in the last year.

The latest analyst rating for Comp En De Mn Cemig ADS American Depositary Receipts (NYSE:CIG/C) was provided by B of A Securities, and Comp En De Mn Cemig ADS American Depositary Receipts downgraded their neutral rating.

The last upgrade for Comp En De Mn Cemig ADS American Depositary Receipts happened on November 1, 2023 when HSBC raised their price target to $2.9. HSBC previously had a hold for Comp En De Mn Cemig ADS American Depositary Receipts.

The last downgrade for Comp En De Mn Cemig ADS American Depositary Receipts happened on November 24, 2023 when B of A Securities changed their price target from $3.2 to $2.6 for Comp En De Mn Cemig ADS American Depositary Receipts.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Comp En De Mn Cemig ADS American Depositary Receipts, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Comp En De Mn Cemig ADS American Depositary Receipts was filed on November 24, 2023 so you should expect the next rating to be made available sometime around November 24, 2024.

While ratings are subjective and will change, the latest Comp En De Mn Cemig ADS American Depositary Receipts (CIG/C) rating was a downgraded with a price target of $3.20 to $2.60. The current price Comp En De Mn Cemig ADS American Depositary Receipts (CIG/C) is trading at is $2.63, which is out of the analyst’s predicted range.