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 |
Latest News for CIG
Wiley(NYSE: WLY), a global leader in authoritative content and research intelligence, today announced it has acquired Emerald Publishing Limited (âEmeraldâ
CEMIG remains a compelling buy after an 18% stock drop, driven by weather and macro factors outside its control. CIG's core strengths include stable cash flow, sector-leading ESG credentials, and a focused investment plan targeting $8.8B from 2026–2030. Valuation is attractive, with a 7.66x EBITDA multiple and potential 30% upside to a $2.84 fair price if normalized to sector medians.
The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies.
Comp En De Mn Cemig ADS NYSE: CIG, the Brazilian electric utility known as CEMIG, reported first-quarter 2026 EBITDA of BRL 1.79 billion and profit of BRL 979 million, while management highlighted continued investment in distribution, debt profile management and challenges tied to energy price volatility and hydrological risk.
Companhia Energética de Minas Gerais - CEMIG (CIG) Q1 2026 Earnings Call Transcript
🧮 Earnings Move Analyzer
Insider Trading
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U.S. House Trading
House Trades Disclosures
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Options Chain
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