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NYSE: CIG
Energy Co Of Minas Gerais Stock Forecast, Predictions & Price Target

Analyst price target for CIG

Based on 1 analyst offering 12 month price targets for Energy Co Of Minas Gerais.
Min Forecast
$2.90+27.75%
Avg Forecast
$2.90+27.75%
Max Forecast
$2.90+27.75%

Should I buy or sell CIG stock?

Based on 1 analyst offering ratings for Energy Co Of Minas Gerais.
Strong Buy
Strong Buy
1 analysts 100%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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CIG stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2023-11-24
lockedlocked$00.00+00.00%2023-11-01

1 of 1

CIG vs Diversified Utility Stocks

TickerPricePrice TargetUp/downsideConsensus
CIG$2.27$2.90+27.75%Strong Buy
ELP$8.13N/AN/A
OTTR$86.22N/AN/A
BKH$52.32$54.25+3.69%Hold
ALE$57.12$60.33+5.63%Hold

Energy Co Of Minas Gerais Stock Forecast FAQ

Is Energy Co Of Minas Gerais Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NYSE: CIG) stock is to Strong Buy CIG stock.

Out of 1 analyst, 1 (100%) are recommending CIG as a Strong Buy, 0 (0%) are recommending CIG as a Buy, 0 (0%) are recommending CIG as a Hold, 0 (0%) are recommending CIG as a Sell, and 0 (0%) are recommending CIG as a Strong Sell.

If you're new to stock investing, here's how to buy Energy Co Of Minas Gerais stock.

What is CIG's Price Target?

According to 1 Wall Street analyst that have issued a 1 year CIG price target, the average CIG price target is $2.90, with the highest CIG stock price forecast at $2.90 and the lowest CIG stock price forecast at $2.90.

The Wall Street analyst predicted that Energy Co Of Minas Gerais's share price could reach $2.90 by Nov 1, 2024. The average Energy Co Of Minas Gerais stock price prediction forecasts a potential upside of 27.75% from the current CIG share price of $2.27.
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