TheScreener - Companhia Energetica de Minas Gerais SA Pfd (CMIG4) For COMPANHIA ENERGETICA, the environment deterioration entails a downgrade to Neutral

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For COMPANHIA ENERGETICA, the environment deterioration entails a downgrade to Neutral

COMPANHIA ENERGETICA (BR), a company active in the Conventional Electricity industry, now shows a lower overall rating. The independent financial analyst theScreener just confirmed the fundamental rating of 3 stars out of 4, as well as the stock market behaviour of the title as moderately risky. However, environmental deterioration penalises the general evaluation, which is downgraded to Neutral. As of the analysis date December 31, 2021, the closing price was BRL 13.11 and its expected value was estimated at BRL 13.64.

01/01/2022 6 EN

Underlying

Companhia Energetica de Minas Gerais SA Pfd

Companhia Energetica de Minas Gerais is engaged in the generation, transmission, distribution and sale of electricity and gas distribution. Co. also engages in the following businesses: (i) telecommunications; (ii) energy solutions consulting business for both Brazilian and international clients (iii) exploitation of natural gas, through five consortia; (iv) sale and trading of electricity, through structuring and intermediation of purchase and sale transactions, trading electricity in the Free Market; (v) acquisition, transport and distribution of gas and its subproducts; and (vi) technology systems and systems for operational management of public service concessions.

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BRCMIGACNPR3 BM&F Bovespa - Securities, Commodities and Futures Exchange Brazil

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For COMPANHIA ENERGETICA, the environment deterioration entails a downgrade to Neutral

Empowering Investors

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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