36.2% Below Target

The consensus Wall Street price target for CG is $61, representing 36.2% upside from the current price of $44.8. With 25 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.

CG has a consensus rating of "Buy" based on 25 Wall Street analysts. The rating breakdown is predominantly bullish, with 14 Buy/Strong Buy ratings. The consensus 12-month price target of $61 implies 36.2% upside from current levels.

With a forward P/E of 11.1152x, CG trades at a relatively low valuation. The consensus target of $61 implies 36.2% appreciation, suggesting meaningful undervaluation.

The most bullish Wall Street analyst has a price target of $71 for CG, while the most conservative target is $45. The consensus of $61 represents the median expectation. Our quantitative valuation model projects a bull case target of $86 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

CG is heavily covered by Wall Street, with 25 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 14 have Buy ratings, 10 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

The 12-month CG stock forecast based on 25 Wall Street analysts shows a consensus price target of $61, with estimates ranging from $45 (bear case) to $71 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $65, with bear/bull scenarios of $41/$86.

Our quantitative valuation model calculates CG's fair value at $65 (base case), with a bear case of $41 and bull case of $86. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 47/100.

CG trades at a forward P/E ratio of 11.1x based on next-twelve-months earnings estimates compared to a trailing P/E of 20.6x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Wall Street analysts are very optimistic on CG, with a "Buy" consensus rating and $61 price target (36.2% upside). 14 of 25 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

CG analyst price targets range from $45 to $71, a 43% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $61 consensus represents the middle ground. Our model's $41-$86 range provides an independent fundamental perspective.