Analyst Price Targets — CIG
| Date | Analyst | Firm | Target | Price @ Post | Source | Headline |
|---|---|---|---|---|---|---|
| July 17, 2024 5:16 pm | Bruno Amorim | Goldman Sachs | $2.10 | $2.00 | TheFly | Cemig initiated with a Sell at Goldman Sachs |
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Latest News for CIG

ARTEAGA, COAHUILA, Mexico--(BUSINESS WIRE)-- #AI--CIG and ml&s to establish North American manufacturing of high-speed optical modules, including NPO solutions, to meet growing customer demand.

Nykredit A S bought a new stake in shares of Comp En De Mn Cemig ADS (NYSE: CIG) in the undefined quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 401,997 shares of the utilities provider's stock, valued at approximately $844,000. Several other hedge funds have

Cemig is a state-controlled Brazilian utility operating as a natural monopoly in the state of Minas Gerais. I rate CIG as Hold; operational improvements since 2019 are largely priced in. Despite trading at low multiples, governance risk, slow growth rates, and FX exposure temper the upside. I expect the current 11% yield to come under pressure from rising capex, increased leverage, and higher interest expenses.

Clear Investment Group CEO Amy Rubenstein says apartment renting is more affordable than buying a house for now as construction costs keep on rising. She talks about the state of housing on Bloomberg Businessweek Daily.

Companhia Energética de Minas Gerais - CEMIG (CIG) Q2 2026 Earnings Call Transcript
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Insider Trading
Insider Trading
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Senate Trading
No Senate trades found for CIG.
U.S. House Trading
House Trades Disclosures
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