Cia Energetica DE Minas
(NYSE:CIG)
$2.30
0.03[1.32%]
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Cia Energetica DE Minas Stock (NYSE:CIG), Analyst Ratings, Price Targets, Predictions

Analysts publish ratings and price targets on most stocks. Benzinga tracks 120 analyst firms so investors can understand if analysts expect a stock to trade higher or lower. Ratings are directional and typically buy, sell or hold. Price Targets are an analyst's best guess at where the stock will trade in 12 months.
Consensus Rating1
Buy
Highest Price Target1
$2.90
Lowest Price Target1
$2.60
Consensus Price Target1
$2.75

Analyst Rating Summary1

Analyst Ratings
Sep 23
1
Nov 23
1
1
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

B of A Securities
HSBC

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Cia Energetica DE Minas

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
11/24/2023CIGBuy Now
Cia Energetica DE Minas
$2.2913.54%B of A Securities
Arthur Pereira
$3.2 → $2.6DowngradeBuy → NeutralGet Alert
11/01/2023CIGBuy Now
Cia Energetica DE Minas
$2.2926.64%HSBC
Lilyanna Yang
→ $2.9UpgradeHold → BuyGet Alert
09/20/2023CIGBuy Now
Cia Energetica DE Minas
$2.29B of A Securities
Arthur Pereira
UpgradeNeutral → BuyGet Alert

FAQ

Q

What is the target price for Cia Energetica DE Minas (CIG)?

A

The latest price target for Cia Energetica DE Minas (NYSE: CIG) was reported by B of A Securities on November 24, 2023. The analyst firm set a price target for $2.60 expecting CIG to rise to within 12 months (a possible 13.04% upside). 3 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Cia Energetica DE Minas (CIG)?

A

The latest analyst rating for Cia Energetica DE Minas (NYSE: CIG) was provided by B of A Securities, and Cia Energetica DE Minas downgraded their neutral rating.

Q

When is the next analyst rating going to be posted or updated for Cia Energetica DE Minas (CIG)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cia Energetica DE Minas, 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 Cia Energetica DE Minas was filed on November 24, 2023 so you should expect the next rating to be made available sometime around November 24, 2024.

Q

Is the Analyst Rating Cia Energetica DE Minas (CIG) correct?

A

While ratings are subjective and will change, the latest Cia Energetica DE Minas (CIG) rating was a downgraded with a price target of $3.20 to $2.60. The current price Cia Energetica DE Minas (CIG) is trading at is $2.30, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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