# Energy Co Pref ADR (CIG) — Analyst Forecast

CIG · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/cig/forecast

## Analyst consensus

| Consensus | Buy | Hold | Sell | Analysts |
| --- | --- | --- | --- | --- |
| Hold | 0 | 5 | 2 | 7 |

## Recent analyst ratings

| Date | Firm | Action | Rating | Price target |
| --- | --- | --- | --- | --- |
| Nov 24, 2023 | B of A Securities | Downgraded | Buy → Neutral | $2.60 |
| Nov 1, 2023 | HSBC | Upgraded | Hold → Buy | $2.90 |
| Sep 20, 2023 | B of A Securities | Upgraded | Neutral → Buy | — |

## Frequently Asked Questions

### Is CIG a buy, sell, or hold?

Analysts covering Energy Co Pref ADR currently average a Hold rating: 0 buy, 5 hold and 2 sell, from 7 analysts. Ratings reflect analyst opinion, not investment advice.

### What is the latest analyst rating on CIG?

On Nov 24, 2023, B of A Securities downgraded Energy Co Pref ADR to Neutral with a price target of $2.60.

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Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).