Bancolombia (CIB) Stock Forecast, Price Target & Predictions


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CIB Stock Forecast


Bancolombia stock forecast is as follows: an average price target of $34.00 (represents a 3.22% upside from CIB’s last price of $32.94) and a rating consensus of 'Hold', based on 4 wall street analysts offering a 1-year stock forecast.

CIB Price Target


The average price target for Bancolombia (CIB) is $34.00 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $34.00 to $34.00. This represents a potential 3.22% upside from CIB's last price of $32.94.

CIB Analyst Ratings


Hold

According to 4 Wall Street analysts, Bancolombia's rating consensus is 'Hold'. The analyst rating breakdown for CIB stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 3 'Hold' (75.00%), 1 'Sell' (25.00%), and 0 'Strong Sell' (0.00%).

Bancolombia Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 29, 2024Ernesto GabilondoBank of America Securities$34.00$33.122.66%3.22%
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The latest Bancolombia stock forecast, released on Aug 29, 2024 by Ernesto Gabilondo from Bank of America Securities, set a price target of $34.00, which represents a 2.66% increase from the stock price at the time of the forecast ($33.12), and a 3.22% increase from CIB last price ($32.94).

Bancolombia Price Target by Period


1M3M12M
# Anlaysts-11
Avg Price Target-$34.00$34.00
Last Closing Price$32.94$32.94$32.94
Upside/Downside-100.00%3.22%3.22%

In the current month, the average price target of Bancolombia stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Bancolombia's last price of $32.94. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Aug 29, 2024Morgan Stanley-Equal-WeightDowngrade
Aug 20, 2024Goldman Sachs-SellDowngrade
Dec 19, 2022Bradesco-NeutralInitialise
Oct 19, 2022UBS-NeutralUpgrade
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Bancolombia's last stock rating was published by Morgan Stanley on Aug 29, 2024. The company Downgrade its CIB rating from "null" to "Equal-Weight".

Bancolombia Financial Forecast


Bancolombia Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
Revenue-----------$7.37T$6.87T$6.33T$5.72T$5.28T$4.81T$4.37T$4.20T$3.99T$3.83T$3.82T$4.01T$4.06T$4.00T$3.92T$3.99T$3.84T$3.52T$3.61T
Avg Forecast$7.56T$6.20T$6.13T$6.07T$6.33T$6.78T$7.31T$6.92T$7.17T$6.82T$7.16T$7.04T$6.31T$5.80T$5.22T$4.64T$4.57T$4.14T$3.78T$3.95T$3.84T$4.03T$3.98T$4.10T$3.92T$3.80T$3.86T$3.84T$11606.05T$11116.47T
High Forecast$7.76T$6.36T$6.29T$6.23T$6.51T$7.06T$7.31T$6.92T$7.36T$6.93T$7.35T$7.23T$6.48T$5.80T$5.22T$4.64T$4.57T$4.14T$3.78T$3.95T$3.84T$4.03T$3.98T$4.10T$3.92T$3.80T$3.86T$3.84T$13927.26T$13339.76T
Low Forecast$7.41T$6.07T$6.01T$5.95T$6.13T$6.50T$7.31T$6.92T$7.03T$6.75T$7.01T$6.90T$6.18T$5.80T$5.22T$4.64T$4.57T$4.14T$3.78T$3.95T$3.84T$4.03T$3.98T$4.10T$3.92T$3.80T$3.86T$3.84T$9284.84T$8893.17T
# Analysts1112211113111111111116447437917
Surprise %-----------1.05%1.09%1.09%1.10%1.14%1.05%1.06%1.11%1.01%1.00%0.95%1.01%0.99%1.02%1.03%1.03%1.00%0.00%0.00%

Bancolombia's average Quarter revenue forecast for Jun 23 based on 1 analysts is $7.16T, with a low forecast of $7.01T, and a high forecast of $7.35T. CIB's average Quarter revenue forecast represents a -2.94% decrease compared to the company's last Quarter revenue of $7.37T (Mar 23).

Bancolombia EBITDA Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts1112211113111111111116447437917
EBITDA-----------$6.33T$5.14T$4.84T$4.20T$3.79T$3.22T$2.59T$2.56T$1.84T$989.64B$1.71T$1.45T$1.98T$2.53T$2.98T$2.98T$2.90T$2.39T$2.68T
Avg Forecast$744.09B$609.91B$603.27B$597.16B$623.35B$667.42B$719.38B$680.72B$705.70B$671.12B$704.34B$692.72B$621.09B$1.79T$1.61T$1.44T$1.41T$1.28T$1.17T$1.22T$1.19T$1.25T$1.23T$1.27T$1.21T$1.18T$1.19T$1.19T$7849.16T$8202.82T
High Forecast$763.93B$626.17B$619.35B$613.08B$640.29B$694.80B$719.38B$680.72B$724.51B$682.29B$723.11B$711.18B$637.64B$1.79T$1.61T$1.44T$1.41T$1.28T$1.17T$1.22T$1.19T$1.25T$1.23T$1.27T$1.21T$1.18T$1.19T$1.19T$9418.99T$9843.39T
Low Forecast$729.14B$597.65B$591.14B$585.16B$603.03B$640.05B$719.38B$680.72B$691.51B$664.27B$690.18B$678.80B$608.60B$1.79T$1.61T$1.44T$1.41T$1.28T$1.17T$1.22T$1.19T$1.25T$1.23T$1.27T$1.21T$1.18T$1.19T$1.19T$6279.33T$6562.26T
Surprise %-----------9.14%8.28%2.70%2.60%2.64%2.28%2.02%2.19%1.51%0.83%1.37%1.18%1.56%2.09%2.53%2.49%2.45%0.00%0.00%

1 analysts predict CIB's average Quarter EBITDA for Jun 23 to be $704.34B, with a high of $723.11B and a low of $690.18B. This is -88.87% lower than Bancolombia's previous annual EBITDA (Mar 23) of $6.33T.

Bancolombia Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts1112211113111111111116447437917
Net Income-----------$1.72T$1.64T$1.63T$1.78T$1.73T$1.49T$942.62B$1.16T$542.52B$-266.23B$279.64B$-73.30B$335.88B$469.25B$878.58B$936.19B$833.33B$521.76B$608.75B
Avg Forecast$5.67T$5.40T$5.62T$5.72T$5.08T$5.71T$5.90T$6012.18T$5.38T$5.60T$5.74T$7726.74T$4694.81T$6.43T$5.15T$5665.34T$3.38T$2.32T$1766.00T$981.05B$495.19B$1.25T$2.09T$1897.39T$3.32T$3.27T$2.99T$2248.50T$1716.80T$1865.60T
High Forecast$5.87T$5.58T$5.81T$5.92T$5.52T$5.76T$5.90T$7214.62T$5.46T$6.03T$5.94T$9272.09T$5633.77T$6.43T$5.15T$6798.41T$3.38T$2.32T$2119.20T$981.05B$495.19B$1.25T$2.09T$2276.86T$3.32T$3.27T$2.99T$2698.20T$2060.16T$2238.72T
Low Forecast$5.52T$5.26T$5.47T$5.57T$4.58T$5.66T$5.90T$4809.74T$5.25T$5.28T$5.59T$6181.39T$3755.85T$6.43T$5.15T$4532.27T$3.38T$2.32T$1412.80T$981.05B$495.19B$1.25T$2.09T$1517.91T$3.32T$3.27T$2.99T$1798.80T$1373.44T$1492.48T
Surprise %-----------0.00%0.00%0.25%0.35%0.00%0.44%0.41%0.00%0.55%-0.54%0.22%-0.04%0.00%0.14%0.27%0.31%0.00%0.00%0.00%

Bancolombia's average Quarter net income forecast for Jun 23 is $5.74T, with a range of $5.59T to $5.94T. CIB's average Quarter net income forecast represents a 234.20% increase compared to the company's last Quarter net income of $1.72T (Mar 23).

Bancolombia SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts1112211113111111111116447437917
SG&A-----------$2.46T$2.68T$2.21T$2.08T$2.00T$2.25T$1.89T$1.66T$1.57T$1.63T$1.49T$1.39T$1.67T$1.74T$1.58T$1.58T$1.54T$1.47T$1.41T
Avg Forecast$3.18T$2.60T$2.57T$2.55T$2.66T$2.85T$3.07T$2.90T$3.01T$2.86T$3.01T$2.96T$2.65T$2.10T$1.89T$1.68T$1.65T$1.50T$1.37T$1.43T$1.39T$1.46T$1.44T$1.49T$1.42T$1.38T$1.40T$1.39T$4820.58T$4306.15T
High Forecast$3.26T$2.67T$2.64T$2.62T$2.73T$2.96T$3.07T$2.90T$3.09T$2.91T$3.09T$3.03T$2.72T$2.10T$1.89T$1.68T$1.65T$1.50T$1.37T$1.43T$1.39T$1.46T$1.44T$1.49T$1.42T$1.38T$1.40T$1.39T$5784.70T$5167.39T
Low Forecast$3.11T$2.55T$2.52T$2.50T$2.57T$2.73T$3.07T$2.90T$2.95T$2.83T$2.95T$2.90T$2.60T$2.10T$1.89T$1.68T$1.65T$1.50T$1.37T$1.43T$1.39T$1.46T$1.44T$1.49T$1.42T$1.38T$1.40T$1.39T$3856.47T$3444.92T
Surprise %-----------0.83%1.01%1.05%1.10%1.19%1.36%1.26%1.21%1.10%1.17%1.02%0.96%1.12%1.23%1.15%1.13%1.11%0.00%0.00%

Bancolombia's average Quarter SG&A projection for Jun 23 is $3.01T, based on 1 Wall Street analysts, with a range of $2.95T to $3.09T. The forecast indicates a 21.99% rise compared to CIB last annual SG&A of $2.46T (Mar 23).

Bancolombia EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts1112211113111111111116447437917
EPS-----------$7.14K$6.83K$6.78K$7.40K$7.20K$6.19K$3.92K$4.81K$1.11K$-1.11K$1.16K$-304.82$1.40K$1.95K$3.65K$3.89K$3.47K$2.17K$2.53K
Avg Forecast$5.90K$5.61K$5.84K$5.94K$5.29K$5.94K$6.13K$5.57K$5.59K$5.82K$5.97K$6.76K$6.30K$6.68K$5.36K$4.05K$3.51K$2.41K$1.98K$1.02K$514.84$1.30K$2.18K$3.33K$3.45K$3.40K$3.11K$3.02K$3.13K$2.88K
High Forecast$6.10K$5.81K$6.04K$6.15K$5.74K$5.99K$6.13K$5.57K$5.67K$6.27K$6.17K$7.00K$6.51K$6.68K$5.36K$4.05K$3.51K$2.41K$1.98K$1.02K$514.84$1.30K$2.18K$3.33K$3.45K$3.40K$3.11K$3.02K$3.74K$3.46K
Low Forecast$5.74K$5.46K$5.69K$5.79K$4.76K$5.89K$6.13K$5.57K$5.46K$5.49K$5.81K$6.58K$6.13K$6.68K$5.36K$4.05K$3.51K$2.41K$1.98K$1.02K$514.84$1.30K$2.18K$3.33K$3.45K$3.40K$3.11K$3.02K$2.51K$2.30K
Surprise %-----------1.06%1.08%1.01%1.38%1.78%1.76%1.62%2.43%1.09%-2.15%0.89%-0.14%0.42%0.57%1.07%1.25%1.15%0.69%0.88%

According to 1 Wall Street analysts, Bancolombia's projected average Quarter EPS for Jun 23 is $5.97K, with a low estimate of $5.81K and a high estimate of $6.17K. This represents a -16.45% decrease compared to CIB previous annual EPS of $7.14K (Mar 23).

Bancolombia Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
BSBRBanco Santander (Brasil)$4.42$7.2062.90%Buy
BSACBanco Santander-Chile$19.27$21.5011.57%Buy
BCHBanco de Chile$23.16$25.007.94%Hold
IFSIntercorp Financial Services$28.88$30.505.61%Strong Buy
CIBBancolombia$32.94$34.003.22%Hold
CFBCrossFirst Bankshares$17.08$17.603.04%Buy
BAPCredicorp$193.48$186.50-3.61%Buy
BANFBancFirst$121.47$95.00-21.79%Sell
BHLBBerkshire Hills Bancorp$30.11$23.50-21.95%Hold

CIB Forecast FAQ


Is Bancolombia a good buy?

No, according to 4 Wall Street analysts, Bancolombia (CIB) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of CIB's total ratings.

What is CIB's price target?

Bancolombia (CIB) average price target is $34 with a range of $34 to $34, implying a 3.22% from its last price of $32.94. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Bancolombia stock go up soon?

According to Wall Street analysts' prediction for CIB stock, the company can go up by 3.22% (from the last price of $32.94 to the average price target of $34), up by 3.22% based on the highest stock price target, and up by 3.22% based on the lowest stock price target.

Can Bancolombia stock reach $50?

CIB's average twelve months analyst stock price target of $34 does not support the claim that Bancolombia can reach $50 in the near future.

What are Bancolombia's analysts' financial forecasts?

Bancolombia's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $27.34T (high $27.79T, low $26.86T), average EBITDA is $2.69T (high $2.74T, low $2.64T), average net income is $6030T (high $7230T, low $4830T), average SG&A $11.48T (high $11.67T, low $11.28T), and average EPS is $22.93K (high $23.43K, low $22.35K). CIB's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $25.95T (high $26.65T, low $25.43T), average EBITDA is $2.55T (high $2.62T, low $2.5T), average net income is $22.4T (high $23.18T, low $21.82T), average SG&A $10.9T (high $11.19T, low $10.68T), and average EPS is $23.29K (high $24.1K, low $22.68K).

Did the CIB's actual financial results beat the analysts' financial forecasts?

Based on Bancolombia's last annual report (Dec 2022), the company's revenue was $24.21T, beating the average analysts forecast of $21.97T by 10.16%. Apple's EBITDA was $17.97T, beating the average prediction of $5.47T by 228.84%. The company's net income was $6.78T, missing the average estimation of $10370T by -99.93%. Apple's SG&A was $8.98T, beating the average forecast of $8.33T by 7.82%. Lastly, the company's EPS was $28.45K, beating the average prediction of $22.39K by 27.10%. In terms of the last quarterly report (Mar 2023), Bancolombia's revenue was $7.37T, beating the average analysts' forecast of $7.04T by 4.76%. The company's EBITDA was $6.33T, beating the average prediction of $692.72B by 813.56%. Bancolombia's net income was $1.72T, missing the average estimation of $7730T by -99.98%. The company's SG&A was $2.46T, missing the average forecast of $2.96T by -16.65%. Lastly, the company's EPS was $7.14K, beating the average prediction of $6.76K by 5.59%