Quote.Descriptions.analyst-ratings.
1calculated from analyst ratings
The latest price target for (: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 22.07% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for (:CIG) was provided by B of A Securities, and downgraded their neutral rating.
The last upgrade for happened on November 1, 2023 when HSBC raised their price target to $2.9. HSBC previously had a hold for .
The last downgrade for happened on November 24, 2023 when B of A Securities changed their price target from $3.2 to $2.6 for .
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of , 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 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 (CIG) rating was a downgraded with a price target of $3.20 to $2.60. The current price (CIG) is trading at is $2.13, which is out of the analyst’s predicted range.
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