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Millicom International Cellular SA has a consensus price target of $37.4 based on the ratings of 8 analysts. The high is $63 issued by JP Morgan on November 17, 2025. The low is $17 issued by HSBC on October 20, 2023. The 3 most-recent analyst ratings were released by JP Morgan, Scotiabank, and UBS on November 17, 2025, November 7, 2025, and September 11, 2025, respectively. With an average price target of $52.93 between JP Morgan, Scotiabank, and UBS, there's an implied 2.56% upside for Millicom International Cellular SA from these most-recent analyst ratings.
1calculated from analyst ratings
| Get Alert | |||||
|---|---|---|---|---|---|
| Nov 17, 2025 | 22.07% | 5563 | Previous Overweight Current Overweight | Get Alert | |
| Nov 7, 2025 | -9.32% | 46.146.8 | Previous Sector Perform Current Sector Perform | Get Alert | |
| Sep 11, 2025 | -5.06% | 39.549 | Previous Buy Current Neutral | Get Alert | |
| Aug 19, 2025 | -10.68% | 3746.1 | Previous Sector Perform Current Sector Perform | Get Alert | |
| Aug 14, 2025 | 6.57% | 5055 | Previous Overweight Current Overweight | Get Alert | |
| Jun 27, 2025 | -51.56% | 1825 | Previous Neutral Current Neutral | Get Alert | |
| Jun 17, 2025 | -28.31% | 37 | Previous Sector Outperform Current Sector Perform | Get Alert | |
| May 27, 2025 | -3.12% | 4150 | Previous Overweight Current Overweight | Get Alert | |
| May 16, 2025 | -23.46% | 31.539.5 | Previous Buy Current Buy | Get Alert | |
| Apr 3, 2025 | -30.25% | 36310 | Previous Equal-Weight Current Equal-Weight | Get Alert | |
| Apr 3, 2025 | -20.56% | 3341 | Previous Overweight Current Overweight | Get Alert | |
| Feb 28, 2025 | -26.56% | 37.337.9 | Previous Sector Outperform Current Sector Outperform | Get Alert | |
| Jan 29, 2025 | -38% | 32 | Previous Initiates Current Equal-Weight | Get Alert | |
| Jan 16, 2025 | -36.06% | 3336 | Previous Overweight Current Overweight | Get Alert | |
| Sep 20, 2024 | -27.73% | 3037.3 | Previous Sector Perform Current Sector Outperform | Get Alert | |
| Sep 6, 2024 | -32.18% | 35 | Previous Current Overweight | Get Alert | |
| Aug 15, 2024 | -36.06% | 2533 | Previous Neutral Current Buy | Get Alert | |
| Aug 7, 2024 | -41.87% | 3030 | Previous Sector Outperform Current Sector Perform | Get Alert | |
| Jul 2, 2024 | — | — | Previous Buy Current Hold | Get Alert | |
| Jun 21, 2024 | -41.87% | 26.830 | Previous Sector Outperform Current Sector Outperform | Get Alert | |
| Apr 11, 2024 | -53.5% | 22.524 | Previous Buy Current Buy | Get Alert | |
| Mar 28, 2024 | — | — | Previous Neutral Current Overweight | Get Alert | |
| Feb 28, 2024 | -49.43% | 1826.1 | Previous Sector Outperform Current Sector Outperform | Get Alert | |
| Feb 28, 2024 | -56.4% | 22.5 | Previous Hold Current Buy | Get Alert | |
| Oct 20, 2023 | -67.06% | 1720 | Previous Buy Current Hold | Get Alert | |
| Jul 28, 2023 | -65.12% | 1819 | Previous Buy Current Neutral | Get Alert | |
| Jun 29, 2023 | -65.32% | 17.920.4 | Previous Sector Outperform Current Sector Outperform | Get Alert | |
| Jan 17, 2023 | -67.06% | 16.517 | Previous Neutral Current Buy | Get Alert |
The latest price target for Millicom Intl Cellular (NASDAQ:TIGO) was reported by JP Morgan on November 17, 2025. The analyst firm set a price target for $63.00 expecting TIGO to rise to within 12 months (a possible 22.07% upside). 14 analyst firms have reported ratings in the last year.
The latest analyst rating for Millicom Intl Cellular (NASDAQ:TIGO) was provided by JP Morgan, and Millicom Intl Cellular maintained their overweight rating.
The last upgrade for Millicom International Cellular SA happened on September 20, 2024 when Scotiabank raised their price target to $37.3. Scotiabank previously had a sector perform for Millicom International Cellular SA.
The last downgrade for Millicom International Cellular SA happened on September 11, 2025 when UBS changed their price target from $39.5 to $49 for Millicom International Cellular SA.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Millicom Intl Cellular, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Millicom Intl Cellular was filed on November 17, 2025 so you should expect the next rating to be made available sometime around November 17, 2026.
While ratings are subjective and will change, the latest Millicom Intl Cellular (TIGO) rating was a maintained with a price target of $55.00 to $63.00. The current price Millicom Intl Cellular (TIGO) is trading at is $51.61, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.
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