Companhia Energetica de Minas Gerais CEMIG Pref ADR
Set by 24/7 Wall St.’s proprietary analysis of professional targets, profit trajectory, sector, risk, and retail attention. How we calculate our price targets →
The 24/7 Factor
Energy Company of Minas Gerais appears attractively valued at current levels. With a 63.1% upside to our $3.35 target, the risk-reward profile looks favorable for investors with a 12-month time horizon.
5-Year Projection
Prediction History
| Date | Price Target | Stock Price | Rating | Upside |
|---|---|---|---|---|
| $3.35 | $2.20 | BUY | +52.2% | |
| $3.36 | $2.14 | BUY | +57.0% | |
| $3.33 | $1.99 | BUY | +67.2% | |
| $3.31 | $1.92 | BUY | +72.5% | |
| $3.36 | $1.93 | BUY | +74.2% | |
| $3.40 | $2.10 | BUY | +61.8% | |
| $3.32 | $2.19 | BUY | +51.5% | |
| $3.31 | $2.18 | BUY | +52.4% |
Frequently Asked Questions
What is the CIG stock price prediction for 2030?
Looking ahead to 2030, our model projects CIG could trade at an average price of $5.98, with a potential range between $4.48 and $7.47. This represents a potential 191.2% return from today’s price. Long-term forecasts depend heavily on company execution, competitive dynamics, and broader market conditions.
Is CIG a buy, sell, or hold right now?
24/7 Wall St. currently rates CIG as a BUY. Strong upside (+63.1%)
What is the CIG stock price target in an optimistic scenario?
In our optimistic scenario for CIG, the stock could reach $3.66 over the next 12 months, representing a 78.3% gain from today’s price. This scenario assumes favorable conditions materialize, including strong earnings growth, positive market sentiment, and successful execution of company initiatives.
What is the downside risk for CIG stock?
Our conservative scenario for CIG projects a price of $2.63 over the next 12 months (28.1% from current levels), suggesting relatively limited downside if headwinds materialize. No forecast is a guarantee. Position sizing and time horizon still matter.
Projections are estimates based on current data, updated daily. Not investment advice. Learn how we calculate these projections →