Comp En De Mn Cemig – Consensus Indicates Potential 18.4% Upside

Broker Ratings

Comp En De Mn Cemig found using ticker (CIG) now have 2 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 2.59 and 2.3 with a mean TP of 2.44. Now with the previous closing price of 2.06 this would indicate that there is a potential upside of 18.4%. The 50 day MA is 2.1 and the 200 day moving average is 2.2. The company has a market cap of $5,333m. Company Website:

The potential market cap would be $6,316m based on the market concensus.

You can now share this on Stocktwits, just click the logo below and add the ticker in the text to be seen.

Share on Stocktwits

Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2021, the company operated 70 hydroelectric, wind, and solar plants with an installed capacity of 5,700 MW; 339,086 miles of distribution lines; and 4,449 miles of transmission lines. It is also involved in the acquisition, transportation, and distribution of gas and its sub products and derivatives; provision of cloud solution, IT infrastructure, IT management, and cybersecurity services; provision of technology systems and systems for operational management of public service concessions; sale and trading of energy; provision of telecommunications services; and distributed generation, account services, cogeneration, energy efficiency, and supply and storage management activities. The company was incorporated in 1952 and is headquartered in Belo Horizonte, Brazil.

Find more news, interviews, share price & company profile here for:

    Good news travels fast (but only if you make that happen). Share on:

    Forum friendly shortlink:

      AIM All Share Index